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.