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Crystal Olenbush

512-344-6000
  • 5921 Hiline Road 1303

  • $499,000 REDUCED
  • 3 Beds, 2 Bath, 1379 SQ. Feet, 0.39 Acres Residential Austin, TX 78734

Love the lake lifestyle without the upkeep? Experience refined waterfront living at The Waterfall, one of the most sought-after luxury lake condos on Lake Travis designed by the renowned Cornerstone Group Architects. This unique five-story condominium with 35 units offers resort-style amenities , panoramic water views, and lock-and-leave convenience. Ideally positioned along the coveted south shore near Emerald Point Marina, this premier condo community blends upscale design with the relaxed elegance of the Lake Travis lifestyle. These luxury Lake Travis condos under $550,000 feature expansive floor-to-ceiling glass, private balconies with spectacular sunset views, and soaring 12-foot ceilings that create a light-filled, open atmosphere. Inside, you’ll find European White Oak hardwood floors, a neutral color palette, and meticulously maintained interiors designed for both comfort and sophistication. The gourmet kitchen showcases stainless steel built-in appliances, European-style matte cabinetry, and designer tile accents—perfect for entertaining or weekend escapes. Each residence includes in-unit laundry, elevators for easy access, one reserved parking space, and ample overflow parking for guests. Featured Floor Plan – Angel Falls?3 Bedrooms | 2 Bathrooms | 1,379 Sq Ft Set on 14 acres of manicured greenspace with mature oak trees and hiking trails, residents enjoy a private pool with cabanas and grilling stations, fenced dog park, tree fort lookout, secure storage for lake toys, and walking access to a first-class marina with boat slips, jet ski slips, and a designated floating dock. Whether you’re searching for a weekend retreat, full-time residence, or investment opportunity near Lakeway, Waterfall on Lake Travis delivers unmatched value, convenience, and breathtaking Hill Country views. 40 minutes to Austin International Airport and Downtown Austin. Reach out to schedule your private tour today and discover luxury lake living at its finest.

View More Properties in the 78734 Zip Code. View More Properties in the Lake Travis School District.

Essential Information

  • MLS® #8337280
  • Price$499,000
  • Bedrooms3
  • Bathrooms2.00
  • Full Baths2
  • Square Footage1,379
  • Acres0.39
  • Year Built2015
  • TypeResidential
  • Sub-TypeCondominium
  • StatusActive

Community Information

  • Address5921 Hiline Road 1303
  • SubdivisionWaterfall On Lake Travis Condo
  • CityAustin
  • CountyTravis
  • StateTX
  • Zip Code78734

Amenities

  • # of Garages1
  • GaragesGarage Door Opener
  • Is WaterfrontYes
  • Has PoolYes

Utilities

Underground Utilities, Cable Available, Electricity Available, Electricity Connected, High Speed Internet Available, Phone Available, Water Available, Water Connected

Features

Curbs, Dog Park, Lake, Playground, Pool, Trails/Paths, Barbecue, Bicycle Storage, Common Grounds/Area, Community Mailbox, Gated, Park

Parking

Attached, Garage, Garage Door Opener, Additional Parking, Asphalt, Assigned, Carport, Common, Community Structure, Covered, Detached Carport, Direct Access, Electric Gate, Garage Faces Side, Gated, Guest, Parking Lot, Private, Secured

View

Trees/Woods, Hills, Lake, Marina, Pool, Water

Waterfront

Boat Ramp/Lift Access, River Front

Interior

  • InteriorTile, Wood
  • HeatingElectric
  • # of Stories1
  • StoriesOne

Interior Features

Built-in Features, Ceiling Fan(s), Double Vanity, Entrance Foyer, High Ceilings, High Speed Internet, Kitchen Island, Main Level Primary, Open Floorplan, Pantry, Recessed Lighting, Smart Home, Soaking Tub, Smart Thermostat, Walk-In Closet(s), Bidet, Breakfast Bar, Elevator, No Interior Steps, Quartz Counters, Track Lighting

Appliances

Built-In Oven, Convection Oven, Cooktop, Dishwasher, Exhaust Fan, Electric Oven, Disposal, Microwave, Self Cleaning Oven, Stainless Steel Appliance(s), Built-In Electric Oven, Built-In Electric Range, Built-In Range, Electric Cooktop, Electric Range, Electric Water Heater, Free-Standing Refrigerator, Oven, Refrigerator

Cooling

Central Air, Ceiling Fan(s), Electric, Humidity Control

Exterior

  • RoofMetal
  • FoundationSlab

Exterior Features

Gas Grill, Lighting, Balcony, Barbecue, Boat Ramp, Dock, Dog Run, Garden, Outdoor Grill, Playground, Private Entrance, Private Yard, Rain Gutters

Lot Description

Backs to Greenbelt/Park, Landscaped, Sprinklers Automatic, Views, Gentle Sloping, Many Trees, Native Plants, Open Lot

Windows

Double Pane Windows, Low Emissivity Windows, Tinted Windows, Window Coverings

Construction

Masonry, Concrete, Block, Cement Siding, Glass, Stucco

School Information

  • DistrictLake Travis ISD
  • ElementaryLake Travis
  • MiddleHudson Bend
  • HighLake Travis

Map & Directions

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Price Change History for 5921 Hiline Road 1303, Austin, TX (MLS® #8337280)

Date Details Price Change
Price Reduced (from $535,000) $499,000 $36,000 (6.73%)

Property Listed by: Kuper Sotheby's Int'l Realty

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from August 17th, 2026 at 2:32pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.