
Lowest price in the community! Enjoy private, lake front living in this premium waterfront luxury complex. This spectacular unit boast tall ceilings with track and recessed lighting, floor to ceiling windows facing the beautiful Lake Travis sunrise, 3 bedrooms equipped with remote controlled electric blinds, and 2 full bathrooms. Primary bathroom features dual vanity sink, large tub with separate, glass enclosed, walk in shower, dual closet space, and built in dresser and shelves. Primary bedroom is equipped with wrap around floor to ceiling windows, offering a perfect view of both the fenced pool and 14 acre common area/park leading to 950 ft of Lake Travis frontage. The Waterfall on Lake Travis is the perfect lock-and-leave lake community, or your next waterfront forever home. No short term rentals allowed. Lease terms minimum 12-months.
Property Type
Residential
Year Built
2015
Lot Size
0.39 acres
$/Sq Ft
$398
HOA
$843/mo
Garage
1 spaces
Pool
Yes
Listed by First Austin Properties
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
5921 Hiline RD Unit #1204 is listed at $549,000 with 3 bedrooms, 2 full bathrooms, 1,379 square feet, 0.39-acre lot.
5921 Hiline RD Unit #1204 is zoned for Lake Travis ISD with assigned schools: Lake Travis (5/10) (elementary), Hudson Bend (7/10) (middle), Lake Travis (8/10) (high). School assignments should be verified directly with the district.
5921 Hiline RD Unit #1204 is a Residential built in 2015 featuring 3 bedrooms, 2 full bathrooms, 1,379 square feet, 0.39-acre lot.
5921 Hiline RD Unit #1204 is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 5921 Hiline RD Unit #1204 is $8,393. 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
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 |
|---|---|---|---|---|
2025-22.7% | — | $522,702 | — | — |
2024-7.2% | — | $675,978 | $253,276 | $297,840 |
2023+69.4% | — | $728,663 | $75,983 | $599,995 |
2022+18.9% | — | $430,197 | $75,983 | $652,680 |
2021 | — | $361,956 | $75,983 | $354,214 |
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. Ratings from GreatSchools.org.
20% ($110K)
$549,000
Luxury property intelligence
A sourced read on Waterfall On Lake Travis Condo pricing, timing, and property scale. No automated valuation claim.
List price
$549,000
Price per sqft
$398/sqft
Vs. Waterfall On Lake Travis Condo median
Not available
Days on market
197 days
Original to current
No verified reduction
$549K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 25, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($109,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 5921 Hiline RD Unit #1204 is around $3,548 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $549,000, 5921 Hiline RD Unit #1204 is in the Waterfall On Lake Travis Condo market where there are currently 196 active listings in 78734. The Keenan Group has completed 16 transactions in 78734 as part of 1,000+ career sales totaling $1B+ across Austin.
5921 Hiline RD Unit #1204 includes verified waterfront access: Lake Front,Lake Privileges,Waterfront. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
5921 Hiline RD Unit #1204 is part of a managed community with HOA dues of $843 monthly. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
13 events on record
Current Price
$549,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-22.7% | — | $522,702 | — | — |
2024-7.2% | — | $675,978 | $253,276 | $297,840 |
2023+69.4% | — | $728,663 | $75,983 | $599,995 |
2022+18.9% | — | $430,197 | $75,983 | $652,680 |
2021 | — | $361,956 | $75,983 | $354,214 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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