Lakeway area, Lake Travis, TX 78738
Lake Travis marina living in the Lakeway area, with a September 2026 read on Rough Hollow listings, asking prices and 78738 sales.
Market snapshot · As of September 28, 2026
On September 28, 2026, Redfin listed 59 homes for sale inside its Rough Hollow neighborhood boundary at a median asking price of $865,000, or about $292 per square foot, and the median listing had been on Redfin for 108 days. Neighborhood-level closed-sale figures are not currently published, so sales pace is read from ZIP 78738, where the median sale price over the three months ending August 2026 was $976,777, up 13.3% year over year.
Active listings, median asking price, asking price per square foot, days listed and the price distribution are counted by hand from Redfin's active listings inside its Rough Hollow neighborhood boundary on September 28, 2026: 59 homes, excluding two land parcels and five builder floor-plan listings. They describe asking prices of current inventory, not closed sales, and Redfin's boundary may not match the Rough Hollow Lakeway master plan exactly; it also takes in some adjacent condo and townhome streets. Redfin's own Rough Hollow trend figures were last updated for May 2025, so they are not used. The 78738 median sale price is Redfin's calculation from MLS and public records for the whole ZIP, rolling three months ending August 2026. The metro median is Unlock MLS's August 2026 report for the Austin-Round Rock-San Marcos MSA.
As of September 28, 2026 · redfin.com · unlockmls.com
Latest Market Report
On September 28, 2026, Redfin showed 59 homes for sale in Rough Hollow at a median asking price of $865,000, with the median listing up 108 days. The wider 78738 ZIP median sale price rose 13.3% year over year to $976,777.
Redfin's Rough Hollow boundary held 42 single-family houses and 16 condos or townhomes on September 28, 2026.
About $292 per square foot, with asks from $350,000 to about $4.3 million.
The median active listing had been on Redfin for 108 days as of September 28, 2026.
$976,777 over the three months ending August 2026, while the Austin metro median fell 6.4%.
Rough Hollow is split between Lakeway city limits and Travis County MUD No. 11, now served by Lakeway MUD.
Rough Hollow Lakeway is a master-planned community developed by Legend Communities on about three miles of Lake Travis shoreline in the Lakeway area west of Austin. Parts of it sit inside Lakeway city limits after annexations from the city's extraterritorial jurisdiction, and much of it lies in Travis County MUD No. 11, so addresses fall under either 78738 or 78734. The Rough Hollow Yacht Club and Marina at 105 Yacht Club Cove holds the Canyon Grille, a negative-edge pool, a fitness center and a ship's store. Homes are served by Lake Travis ISD, with Rough Hollow Elementary inside the community. On September 28, 2026, Redfin showed 59 homes for sale in its Rough Hollow boundary at a median asking price of $865,000.
The Rough Hollow Yacht Club and Marina sits at 105 Yacht Club Cove on Lake Travis, with a fully stocked ship's store and fuel pumps, complimentary kayaks and paddle boards, and tram carts down to the waterfront. It won MAX awards in 2016 and 2017 for Best Unique Feature in a Master-Planned Community.
The club's Canyon Grille serves chef-prepared food with live music and free valet parking, and lists a 10% resident dining discount. A semi-enclosed, 2,700-square-foot lakefront pavilion seats up to 150 guests and can be rented for events.
The yacht club has a resort-style negative-edge pool and a fitness center. Its published calendar runs weekly spin, strength, yoga and SHAPE classes at the RHYC Pavilion and the SHAPE studio.
Rough Hollow runs along about three miles of Lake Travis shoreline, per Austin Monthly. Lake Travis was 89.6% full on September 28, 2026, according to the Texas Water Development Board's Water Data for Texas.
The City of Lakeway broke ground on Butler Rough Hollow Park near Tomichi Trail in July 2026. The $2.07 million construction contract covers a mountain bike trail, a sports field and a playground, and the city expects the park to open in summer 2027.
Rough Hollow is served by Lake Travis ISD, and Rough Hollow Elementary sits inside the community. The developer lists Rough Hollow Elementary, Serene Hills Elementary, Lake Travis Middle School and Lake Travis High School. GreatSchools, a third-party rater, scores both elementary campuses 9 out of 10.
Common Questions
Inventory is giving buyers room. On September 28, 2026, Redfin showed 59 homes for sale in Rough Hollow, and the median listing had been up 108 days. The wider 78738 ZIP was firmer: its median sale price rose 13.3% year over year to $976,777 over the three months ending August 2026.
The median asking price was $865,000 across 59 active Redfin listings on September 28, 2026, about $292 per square foot. Asking prices ran from $350,000 to about $4.3 million. Roughly 27% asked $1 million to $2 million, 10% asked above $2 million and 10% asked under $500,000.
Redfin does not currently publish a neighborhood sales pace, so the closest read is ZIP 78738, where homes sold after a median 69 days over the three months ending August 2026. Current Rough Hollow listings had been on Redfin a median 108 days on September 28, 2026.
Mostly detached single-family houses, with some condos and townhomes. Of the 59 homes Redfin listed in its Rough Hollow boundary on September 28, 2026, 42 were single-family houses and 16 were condos or townhomes. Builder floor-plan listings and land parcels were excluded from that count.
Partly. Lakeway has annexed sections of Rough Hollow from its extraterritorial jurisdiction, including land in May 2022, while much of the community lies in Travis County MUD No. 11. City taxes and services depend on the address, so confirm the taxing units for a specific property before you buy.
Lake Travis ISD. Rough Hollow Elementary is inside the community, and the developer also lists Serene Hills Elementary, Lake Travis Middle School and Lake Travis High School. GreatSchools, a third party, rates both elementary campuses 9 out of 10. Verify current zoning with the district for a specific address.
Lake Travis is the center of it. The Rough Hollow Yacht Club and Marina has a ship's store, kayaks and paddle boards, a negative-edge pool, a fitness center and the Canyon Grille. The City of Lakeway is building Butler Rough Hollow Park, which it expects to open in summer 2027.
A Real Estate Advisor with Kuper Sotheby's International Realty, part of Creath Partners, a family business his father Garry Creath founded in 1971 and brought to Austin in 1989. Lakeway and the Lake Travis areas are among the markets the practice works. He holds Texas license #547237.
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Creath Partners was founded by Garry Creath and remains a family business to this day — begun in Colorado Springs in 1971, grown in Lubbock, and brought to Austin in 1989. Service during and after.
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The information being provided is 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. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified. Licensed by the Texas Real Estate Commission, #547237.
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