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Keenan Group#1 Austin Board of Realtors Team 2024
1208 Watercliffe DR, photo 1 of 40, Lago Vista, Lago Vista, TX
Active Under Contract
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$1,799,000

5Beds
4.5Baths
4,609Sq Ft
1.03 acresLot
Active Under Contract

1208 Watercliffe Dr, Lago Vista, TX 78645

Reduced 20%$2,250,000
Lago Vista·MLS# 1666560·Built 2008

5 bed, 4 bath, 4,609 sqft on 1.03 acres in Lago Vista. Lago Vista, TX 78645. $1,799,000. Lago Vista ISD.

About This Home

The strongest waterfront opportunity currently available on Lake Travis. Situated on a gated neighborhood of just 30 homes on the water, this Spanish-style estate delivers unobstructed lake and hill country views from nearly every room. No marina or business in your sightline either. Inside, the flow is open and practical. Two-story cathedral ceilings with exposed wood beams anchor the living room, where a floor-to-ceiling stone fireplace and large patio door open to the covered deck. High-end tile flooring runs through all common areas. The kitchen has oversized counters, a floating island, walk-in pantry, high-end cabinetry, dual-door refrigerator, gas range, double sinks, and a pass-through window to the covered outdoor kitchen with gas grill & fridge. All with lake views. Two primary suites on the main level. The master includes a spa, gas fireplace, and large walk-in closet, and of course water views to wake up to. The guest suite, situated for multi-genliving, has its own private entrance, refrigerator, microwave, and sink. Three additional bedrooms upstairs, & two additional balconies. Extra-large game room with panoramic windows. Walk-in showers with glass doors throughout. Oversized laundry room on primary level. Outside, two levels of stone patio surround a newly tiled pool and spa for swimming while you watch the boaters. Covered outdoor kitchen with grill, fridge, granite dry bar, and bar seating. Lower terrace with gas fire pit. 3-car garage, driveway fits 4-5 additional vehicles. Whole house HVAC systems updated in 2020. New Water heater in 2023. $50k+ invested in landscaping, fixtures, plumbing, electrical, and exterior paint throughout. What the seller will miss most: the privately gated Waterford Marina only 4 minutes away, offering worry free, maintenance free boating. Approved bids for a boat dock installation are in place! Reach out to agent Oliver Marx for info.

Property Type
Residential
Year Built
2008
Lot Size
1.03 acres
Price / Sq Ft
$390
HOA
$750/year
Garage
3 spaces
Pool
Yes

Listing information last updated October 15, 2026.

Listed by Keller Williams Realty

MLS# 1666560 • Active Under Contract

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Private pool and outdoor entertaining setup
3-car garage with additional parking capacity
Generous 1.03-acre lot
Breakfast Bar
Beamed Ceilings
Chandelier

Facts & Features

Interior

Features

  • Bar
  • Breakfast Bar
  • Beamed Ceilings
  • Chandelier
  • Double Vanity
  • Dry Bar
  • Eat-in Kitchen
  • Kitchen Island
  • Multiple Dining Areas
  • Multiple Living Areas
  • Pantry
  • Walk-In Closet(s)

Appliances

  • Cooktop
  • Dishwasher
  • Disposal
  • Microwave
  • Free-Standing Gas Range
  • Refrigerator

Flooring

  • Carpet
  • Stone
  • Tile
Heating
Central,Electric
Cooling
Ceiling Fan(s),Central Air
Fireplaces
1
Exterior & Lot

Features

  • Balcony
  • Private Yard
  • Sport Court
  • Tennis Court(s)

Construction

  • Masonry – All Sides

Lot Features

  • Few Trees
  • Near Golf Course
  • Public Maintained Road
  • Sprinkler - Automatic

Fencing

  • Back Yard
  • Wrought Iron

Foundation

  • Slab

Patio / Porch

  • Covered
  • Patio
  • Porch
Roof
Concrete,Tile
Lot Size
1.03 Acres

Parking

  • Attached
  • Door-Multi
  • Gated
Garage Spaces
3
Pool
Yes

Waterfront

  • Lake Privileges
  • Waterfront
Financial
HOA Fee
$750 / year
Original List Price
$2,250,000
Price per Sq Ft
$390
Utilities
  • Electricity Available
  • Electricity Connected
  • Phone Available
  • Sewer Available
  • Sewer Connected
  • Water Connected
Water Source
Public
Sewer
Public Sewer

Transaction History

2 records on file

Every recorded listing, sale, and lease at 1208 Watercliffe DR, whoever represented it.

  1. Active Under ContractListed 2026
    Current price: $1,799,000Original list: $2,250,000MLS 1666560
    1. Listed · June 19, 2026$2,250,000
    2. Price changed · July 23, 2026$2,195,000
    3. Price changed · August 13, 2026$1,999,900
    4. Price changed · September 8, 2026$1,849,900
    5. Price changed · September 30, 2026$1,799,000
  2. WithdrawnListed date not recorded
    Current price: $475,000Original list: $475,000MLS 2399493

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

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Price & Listing History

Active Under Contract with current price, original ask, and market time.

View Timeline
Current list
$1,799,000
Original list
$2,250,000
Price movement
$451K reduction
Listed / DOM
Jun 19, 2026 · 118 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$2,727,899
Assessment Year
2025
Year Built
2008
Parcel ID
000000542647
$2.7M
$1.2M
$1,216,665
2021
$1,602,828
+31.7% from prev
2022
$2,578,676
+60.9% from prev
2023
$2,674,558
+3.7% from prev
2024
$2,727,899
+2.0% from prev
2025
YearTaxesTotal AssessmentLandAdditions
2025+2.0%
—$2,727,899——
2024+3.7%
—$2,674,558$888,030$1,910,206
2023+60.9%
—$2,578,676$891,000$1,783,558
2022+31.7%
—$1,602,828$712,800$1,865,876
2021
—$1,216,665$267,300$1,335,528
5-Year Change124.2%

Virtual Tour

Virtual tour of 1208 Watercliffe Dr
Map showing 1208 Watercliffe DR
1208 Watercliffe DR
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Zoned Schools

Lago Vista ISD →

1 High School

Lago Vista

High SchoolGrades 9-12Zoned assignment

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.

Principal & interest
$9,886
HOA dues
$63

Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.

HOA source: MLS Grid / Unlock MLS, as of 2026-10-15T22:49:13.016+00:00; normalized from annual dues.

Illustrative down payment

20% ($360K)

Adjustable assumption - not a lending recommendation.

Home price

$1,799,000

Loan: $1.4M

Loan details

Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-22
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Keenan Market Position

A sourced read on Lago Vista pricing, timing, and property scale. No automated valuation claim.

List price

$1,799,000

Price per sqft

$390/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

118 days

Original to current

$451K reduction

$2.3M original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.

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Frequently Asked Questions

How much is 1208 Watercliffe Dr?

1208 Watercliffe Dr is listed at $1,799,000 with 5 bedrooms, 4 full, 1 half bathrooms, 4,609 square feet, 1.03-acre lot. This places it above the ZIP 78645 single-family closed-sale median price of $459,000 (ZIP 78645 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 27, 2026).

What school district is 1208 Watercliffe Dr in?

1208 Watercliffe Dr is zoned for Lago Vista ISD with assigned schools: Lago Vista (elementary), Lago Vista (middle), Lago Vista (high). School assignments should be verified directly with the district.

What are the property details for 1208 Watercliffe Dr?

1208 Watercliffe Dr is a Residential built in 2008 featuring 5 bedrooms, 4 full, 1 half bathrooms, 4,609 square feet, 1.03-acre lot.

What are the property taxes for 1208 Watercliffe Dr?

The most recent annual property tax for 1208 Watercliffe Dr is $65,190. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.

How should a buyer estimate the monthly payment for 1208 Watercliffe Dr?

This page does not assume a mortgage rate or publish a monthly payment for 1208 Watercliffe Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 1208 Watercliffe Dr compare with other homes in Lago Vista?

As of Oct 15, 2026, 1208 Watercliffe Dr is offered at $1,799,000. The current MLS snapshot shows 214 active listings in 78645. Keenan Group has completed 7 verified transactions in 78645 within its 1,000+ completed transactions and $1B+ career volume across Austin.

What is the water access at 1208 Watercliffe Dr?

The MLS listing marks 1208 Watercliffe Dr as waterfront. The reported waterfront feature is Lake Privileges, Waterfront. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.

What is the community structure at 1208 Watercliffe Dr?

The MLS listing reports HOA or association dues of $750 annual for 1208 Watercliffe Dr. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Lago Vista

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 5:49:13 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/15/2026, 5:49:13 PM

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