— bed, — bath on 0.58 acres in Spicewood. Spicewood, TX 78669. $1,199,000. Lake Travis ISD.
About This Home
LARGEST LOT in the cul-de-sac – just over 1/2 acre! This prime homesite is perched at 1,100' above sea level, offering breathtaking hill country, panoramic, and lake views from the highest point in Rough Hollow. Situated in a highly amenity-rich community, Rough Hollow provides a lifestyle of luxury and convenience. This exceptional lot is owned by Sterling Custom Homes, Inc., a well-established builder and developer in the Lakeway area since 1989. The purchase of this homesite includes the opportunity to design and build your custom dream home with Sterling Custom Homes. List price is inclusive of lot only, not rendered floor plan.
The largest buildable lot in its cul-de-sac at Rough Hollow sits perched at 1,100 feet above sea level on Montana Del Oro Way in Spicewood, commanding 360-degree views across the Hill Country and toward Lake Travis. This 0.585-acre homesite occupies the highest elevation point in Rough Hollow-Hacienda Heights, a position that translates directly to unobstructed sightlines and natural privacy that few properties in the subdivision can match.
The property's gated entry and cul-de-sac location establish immediate separation from surrounding homes. Montana Del Oro Way dead-ends here, eliminating through traffic and creating the secure, exclusive atmosphere that defines true estate living. The lot's greenbelt frontage and bluff positioning preserve the landscape's natural contours while the professionally maintained curbs and infrastructure reflect Rough Hollow's commitment to manicured community standards.
Beyond the gates, the grounds reveal the property's architectural potential. The elevated terrain creates natural terracing opportunities for landscaping and outdoor living spaces that take full advantage of uninterrupted views. Whether you're planning an extended patio complex, pool area, or formal gardens, the topography provides inherent drama and multiple elevation platforms that flatter any custom design. The cul-de-sac positioning means your future residence will sit as the visual anchor of the immediate neighborhood.
Rough Hollow-Hacienda Heights serves Lake Travis ISD, with students attending Rough Hollow Elementary, Lake Travis Middle School, and Lake Travis High School. The community itself functions as a private park of sorts, with amenities including resort-style pools, fitness facilities, walking trails, and recreational grounds that residents access by membership.
The property is held by Sterling Custom Homes, Inc., a builder with three decades of Lakeway area development experience since 1989. Purchasing this homesite includes the opportunity to partner with Sterling for your custom home design and construction, or to engage your own builder of choice. Either path allows you to shape exactly what rises on this premium lot in one of Austin's most established luxury communities.
At $975,000, this represents the highest-elevation buildable opportunity currently available in Rough Hollow, offering the rare combination of scale, views, and positioning that distinguishes true estate properties from standard residential lots.
The numbers behind this insight
- Offered at
- $1,199,000
- Listed
- October 28, 2022
- Price changes
- Reduced, down 20.1% from $1,500,000
- Property Type
- Land
- Lot Size
- 0.58 acres
Listing information last updated September 6, 2026.
Listed by Compass RE Texas, LLC
MLS# 3792178 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Greenbelt
- Bluff
- Cul-De-Sac
- Curbs
- Views
- Lot Size
- 0.58 Acres
Financial
- Original List Price
- $1,500,000
Utilities
- Cable Available
- Electricity Available
- Propane
- Sewer Available
- Underground Utilities
- Water Available
- Water Source
- MUD
- Sewer
- MUD
Transaction History
1 record on file
Every recorded listing, sale, and lease at 106 Montana Del Oro WAY, whoever represented it.
- ActiveListed 2022Current price: $1,199,000Original list: $1,500,000MLS 3792178
- Price changed · September 6, 2026$1,199,000
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
Listing timeline with current price, original ask, and market time.
- Current list
- $1,199,000
- Original list
- $1,500,000
- Price movement
- $301K reduction
- Listed / DOM
- Oct 28, 2022 · 1,449 days
Zoned Schools & District Context
Lake Travis
Bee Cave Middle School
Rough Hollow
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($240K)
Adjustable assumption - not a lending recommendation.
$1,199,000
Luxury property intelligence
Keenan Market Position
A sourced read on Spicewood pricing, timing, and property scale. No automated valuation claim.
List price
$1,199,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
1,449 days
Original to current
$301K reduction
$1.5M 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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78669 ZIP Guide
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