
5 bed, 4 bath, 4,609 sqft on 1.03 acres in Lago Vista. Lago Vista, TX 78645. $1,799,000. Lago Vista ISD.
Now offered at $450K below the original list price! 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.
Lake Travis access from your primary bedroom changes everything. At 1208 Watercliffe Drive in Waterford on Lake Travis, you're waking up to unobstructed water views, then launching into whatever moves you that day-paddleboard, ski, fish, or simply watch the sunrise over Hill Country from your covered deck overlooking the lake.
The home sits on 1.0339 acres within a gated community of just 30 residences in Lago Vista, 78645. This isn't waterfront living where you're stacked next to neighbors. The private setting means you control the noise and activity level. No marina. No commercial operations. Just lake, hills, and your own slice of water access.
The basecamp itself is built for action and recovery. Two primary suites on the main level mean you're never far from lake-view windows, no matter your schedule. The guest suite with private entrance handles multigenerational visitors or rotating crews of adventure partners. Three additional bedrooms upstairs give you flex space for bunkhouse-style weekends. The extra-large game room with panoramic windows serves as your decompression zone after time on the water, with views that remind you why you came home.
Storage hits the mark. Walk-in pantry. Oversized laundry room with space for a second refrigerator. The 3-car garage accommodates daily vehicles, and the driveway fits 4-5 more-meaning boats, jet skis, or trailers stay accessible. Covered outdoor kitchen with gas grill and granite dry bar keeps you cooking lakeside. The newly tiled pool and spa let you train or recover without leaving the property.
Two levels of stone patio and multiple fire features-covered outdoor kitchen, second patio with gas fireplace, lower terrace with gas fire pit-create gathering zones that stretch from water level up to the house. The tennis court and sport court add land-based outlets when the lake isn't calling.
Built in 2008 and recently refreshed (2020 HVAC systems, 2023 water heater, $50k+ in exterior updates), the 4,609-square-foot residence asks $2.25 million, or $488 per square foot. Lago Vista ISD serves the property. Waterford Marina, just 4 minutes away, handles slip maintenance while you focus on time on the water.
This is where adventure doesn't require a two-hour drive. Your launch point is your home.
Verified property facts
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 $1,176,997 (ZIP 78645 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 30, 2026).
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.
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.
1208 Watercliffe DR is listed by Keller Williams Realty. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Oct 1, 2026.
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3 records on file
Every recorded listing, sale, and lease at 1208 Watercliffe DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price Change with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
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 |

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.
20% ($360K)
Adjustable assumption - not a lending recommendation.
$1,799,000
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List price
$1,799,000
Price per sqft
$390/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
104 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 1, 2026.
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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.
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.
As of Oct 1, 2026, 1208 Watercliffe DR is offered at $1,799,000. The current MLS snapshot shows 241 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.
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.
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.
Car-Dependent
N/A
N/A
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
10 events on record
Current Price
$1,799,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
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 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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