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 offering 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 FtSet 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.
Amenities
In-unit amenities
These amenities may not be available for every unit
Air Conditioning
Dishwasher
Hardwood Flooring
Microwave
Patio
Refrigerator
Community amenities
Extra Storage
Unique amenities
Dog Park
Outdoor Parking
Pool
Stove
Fees and policies
PetsNo pets allowed
No pets allowed
Parking
Type
Garage Lot
Type
Covered Lot
carport
Type
Other
total Features:AdditionalParking,Assigned,Asphalt,Attached,Common,Carport,DetachedCarport,DirectAccess,ElectricGate,Garage,GarageDoorOpener,Gated,ParkingLot,Private,CommunityStructure,GarageFacesSide,Secured,Covered,Guest
Type
Covered Lot
Listed by Charlotte Sanders• Kuper Sotheby's Int'l Realty
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Internet
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Property details
Exterior
Exterior Information
Building Type: Multi Family Condo
Property Information
Subdivision Name: WATERFALL ON LAKE TRAVIS CONDO
Living Sq. Ft: 1,379
Gross Sq. Ft: 1,379
Ground Floor Sq. Ft: 1,379
Building Sq. Ft: 1,379
# of Stories: 1
Stories Type: 1
Legal Description: UNT 1303 BLD 1 WATERFALL ON LAKE TRAVIS CONDOMINIUMS PLUS 2.61 % INT IN COM AREA
Lot Information
# of Buildings: 1
Land Sq. Ft: 16,884
Legal Lot Number: 1303
Legal Block Number: 1
Municipality Type: 0A
Municipality Name: AUSTIN
Acres: 0.3876
County Use Description: CONDOS
Financial
Assessor Information
Assessment Year: 2025
Tax District County: TRAVIS CENTRAL APP DIST
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,379
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 2015
Year Renovated: —
County: Travis County
APN: 863320
Home facts updated by county records on Jun 11, 2026
Sale and tax history for 5921 Hi Line Rd #1303
Sale History
Tax History
Date
Event
Price
ACTRIS #3070135
Aug 26, 2026
Rental Removed
$3,200
$2/sq ft
Aug 3, 2026
Price Changed
$3,200
$2/sq ft
Jun 25, 2026
Listed for Rent
$3,600
$3/sq ft
Unlock MLS #8337280
Aug 2, 2026
Price Changed
*
Feb 20, 2026
Listed
*
Unlock MLS #7964937
Oct 23, 2025
Price Changed
*
Oct 6, 2025
Price Changed
*
Sep 3, 2025
Listed
*
Unlock MLS #7741569
Jun 23, 2025
Relisted
—
Jun 9, 2025
Contingent
—
Apr 16, 2025
Listed
*
Year
Property tax
Land + Additions
Assessment*
2026
$8,641
$270,161 + $261,925
$532,086
2025
$8,641 (−7.1%)
$270,161 + $261,925
$532,086
2024
$9,302 (+13.0%)
2023
$8,229 (+0.2%)
2022
$8,215 (+4.9%)
2021
$7,832 (+12.1%)
$81,048 + $354,214
$435,262
2020
$6,986 (−2.0%)
$64,838 + $301,170
$366,008
2019
$7,131 (−23.6%)
$81,048 + $291,846
$372,894
2018
$9,339 (+201.8%)
$81,048 + $82,597
$163,645
2017
$3,095
Around this home
Schools
Places
Transit
6/10
Lake Travis Elementary School
Public, PreK-5 • Assigned • 4.2mi
8/10
Hudson Bend Middle School
Public, 6-8 • Assigned • 2.8mi
8/10
Lake Travis High School
Public, 9-12 • Assigned • 7.3mi
Provided by GreatSchools
About Travis
Southwest
Travis Southwest, located between Barton Creek Greenbelt and the Hill Country ridgeline, is a residential and outdoorsy Austin neighborhood with limestone hillsides and winding, tree-lined roads. The neighborhood’s character concentrates around the Mopac Expressway frontage near the Barton Creek Square area, where big-box retail, local eateries, and steady traffic set a practical, on-the-go tone. Housing leans toward 1970s–1990s ranch-style homes and townhome communities tucked into rolling terrain. Trailheads and creek corridors shape daily routines more than a traditional main street. Barton Creek Greenbelt access points and nearby preserves keep the landscape close. Barton Creek Square and the Alamo Drafthouse Cinema at Slaughter Lane serve as familiar gathering anchors.
Provided by Walk Score and Local Logic
Public facts and zoning for 5921 Hi Line Rd #1303
Beds
3
Baths
2
Sq. Ft.
1,379
Stories
1
Lot Size
—
Style
Condo/Co-op
Year Built
2015
Year Renovated
—
County
Travis County
APN
863320
Home facts updated by county records on Jun 11, 2026.
Additional resources
Zoning
Working on getting current and accurate zoning information for this home.Learn more
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
8/10 Heat Factor
7 days above 107° expected this year, 24 days in 30 years
6/10 Wind Factor
68% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Thinking of selling?
Estimated sale price
$458,000 – $554,000
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In-unit amenities
These amenities may not be available for every unit