5 bed, 5 bath, 5,362 sqft on 0.40 acres in Rough Hollow. Lakeway, TX 78738. $4,296,780. Lake Travis ISD.
About This Home
NEW CONSTRUCTION - MOVE IN READY - completed April 2026 and most awarded home in the 2026 Austin Parade of Homes: Best Kitchen (people's choice and judges), Best Primary Suite (people's choice), Best View (people's choice), and awarded BEST IN SHOW!
This meticulously designed residence offers an effortless blend of luxurious comfort and refined functionality.
Designed for both relaxation and entertaining, this home features an expansive outdoor living area with a pool, spa, beach patio, and a fully equipped summer kitchen, all seamlessly connected to a covered porch. At the heart of the home, the spacious kitchen is both stylish and functional, featuring a large island, wet bar, and generous dining areas that flow effortlessly into the living space. The primary suite offers a private retreat with its own terrace, a cold plunge, and a rejuvenating sauna. Upstairs, the game room extends onto a covered terrace, where sweeping views of the outdoor oasis create the perfect setting to unwind. A serene courtyard ties the home together, enhancing its natural flow and inviting ambiance. A spacious three-car garage completes this thoughtfully designed residence, balancing luxury and everyday convenience.
At $815 per square foot, 108 Montana Del Oro Way delivers 5,400 square feet of new 2025 construction on a 0.3957-acre lot in Rough Hollow, one of the strongest luxury sections in Lakeway. In Lakeway, TX 78738, Travis County, the $4.40 million price point buys a five-bedroom, five-bath, one-half-bath Residential - Single Family Residence built for buyers who want scale, privacy, and outdoor use that feels integral to the floor plan.
The strongest part of this property is how clearly it is set up for daily living and weekend hosting. The main outdoor area centers on a pool, spa, beach patio, summer kitchen, and covered porch, which gives the home usable space well beyond the interior square footage. Inside, the kitchen is positioned as a real working hub with a large island, wet bar, and generous dining space that connects directly to the main living area. That matters in a 5,400-square-foot home because circulation can make or break how the space feels. Here, the layout reads as open without losing definition.
The primary suite is designed as a true retreat, with its own terrace plus a cold plunge and sauna. Upstairs, the game room opens to a covered terrace with sight lines over the outdoor living space, which adds a second gathering zone instead of pushing all activity to the first floor. A central courtyard gives the home another layer of separation and light. The three-car garage rounds out the practical side of the plan.
From this section of Rough Hollow, you are close to Lake Travis, the Rough Hollow Yacht Club, Highlands Boulevard, and RM 620. That puts lake access, neighborhood amenities, and everyday Lakeway shopping within an easy drive. Hill Country Galleria is roughly 15 minutes away via RM 620 and Highway 71, and central Austin employers are reachable for buyers who split time between Lakeway and the city. The address has also been on the market for 47 days, which gives buyers useful context on timing in the current 78738 luxury segment.
School information was not provided with this listing, so any buyer should confirm current attendance boundaries directly. What stands out here is the combination of new construction, a large lot by neighborhood standards, and a plan that puts real value into outdoor living. For buyers focused on long-term usability in Lakeway, this is the kind of property that should stay relevant as demand continues to favor newer, move-in-ready homes near Lake Travis.
The numbers behind this insight
- Offered at
- $4,296,780
- Listed
- November 21, 2025
- Price changes
- 3, down 2.3% from $4,398,780
- Asking price per sq ft
- $801
Rough Hollow market
- Homes sold
- 118
- Median sale price
- $980,000
- Median price per sq ft
- $292
- Median days on market
- 64
- Homes for sale now
- 42
- Months of supply
- 4.3
Keenan Luxury Market Index: $3M-$5M single-family homes across the Austin area sold at a median $734 per sq ft over the trailing 12 months (181 sales), as of October 15, 2026.
Rough Hollow is the Lake Travis community that built a private marina first and then put the houses around it. The Rough Hollow Marina holds 196 boat slips directly on Lake Travis. Most lakeside neighborhoods require you to drive to a public ramp, launch, and deal with weekend crowds. Here, the marina is neighborhood infrastructure, and that proximity changes how residents relate to the water on a Tuesday afternoon versus only on holidays.
Rough Hollow is in Lakeway within the 78738 zip code, about 25 minutes west of downtown via Highway 71 and Hamilton Pool Road. The community sits along the southern shore of Lake Travis. Bee Cave's retail district is about seven minutes east, and Lakeway's commercial center is ten minutes west. The location is in the western growth corridor that has absorbed much of Austin's suburban expansion, and commercial infrastructure has largely caught up.
Housing spans from the early 2010s through current construction. Hill Country Contemporary dominates at roughly 35 percent, with limestone, metal roofing, and walls of glass oriented toward lake and canyon views. Texas Mediterranean accounts for about 25 percent. Modern Farmhouse at about 10 percent reflects recent trends. Townhomes and patio homes start in the low $500s, family homes trade between $800,000 and $1.5 million, and custom lakefront or ridgetop homes push from $2 million past $4 million. The size and variety create more pricing diversity than most gated Lake Travis neighborhoods.
Lake Travis ISD serves Rough Hollow. Families attend Bee Cave or Lakeway Elementary, Lake Travis Middle, and Lake Travis High. The district has a strong track record in academics, athletics, and extracurriculars. The commercial tax base in Bee Cave and Lakeway supports funding for facilities and programs. For families comparing districts, Lake Travis ISD competes directly with Eanes for academic outcomes.
The community maintains 22 miles of internal trails connecting neighborhoods, parks, and the lakefront. A lazy river pool, resort swimming complex, fitness center, and sports courts anchor the activity calendar. The marina offers boat and kayak rentals for residents without slip ownership. Canyon Grille serves American fare with views. SP Brazilian handles celebratory dinners. The Grove Wine Bar works for weeknight plates. Sixty Three brings cocktail-focused dining. Cafe Blue covers seafood, and Trattoria Lisina in Driftwood provides Italian in a vineyard setting worth the 30-minute drive. The Rough Hollow Lakeside Trail offers flat walking and running along the water as a daily route.
Compared to the Hills of Lakeway, Rough Hollow is newer and more lake-focused. The Hills offers a more established country club atmosphere, while Rough Hollow leans into water and trails. Compared to Serene Hills, Rough Hollow is significantly larger with more housing variety, but Serene Hills counters with a smaller feel and higher green space percentage. The marina is the clearest differentiator. No other master-planned community in the corridor offers that level of built-in lake infrastructure.
Rough Hollow fits buyers who want lake life integrated into daily routine rather than reserved for weekends. If you would take a boat out on a Wednesday evening or paddleboard at sunrise before the school run, the marina makes that frictionless. Families who value year-round resort amenities, Lake Travis ISD, and the social infrastructure of a large active community will find the lifestyle well-developed. It is a community that has moved past early-phase growing pains and now operates with a clear identity built around the water.
School District: Lake Travis ISD
View Rough Hollow neighborhood guide- Property Type
- Residential
- Year Built
- 2025
- Lot Size
- 0.40 acres
- Price / Sq Ft
- $801
- Garage
- 4 spaces
- Pool
- Yes
Listing information last updated October 15, 2026.
Listed by Compass RE Texas, LLC
MLS# 6799261 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Bar
- Breakfast Bar
- Built-in Features
- Ceiling Fan(s)
- Ceiling-High
- Granite Counters
- Quartz Counters
- Double Vanity
- Eat-in Kitchen
- Entrance Foyer
- In-Law Floorplan
- Interior Steps
- Kitchen Island
- Multiple Dining Areas
- Multiple Living Areas
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Sauna
- Soaking Tub
- Walk-In Closet(s)
- Built-In Freezer
- Built-In Refrigerator
- Dishwasher
- Disposal
- Exhaust Fan
- Ice Maker
- Microwave
- Free-Standing Gas Oven
- Double Oven
- Free-Standing Gas Range
- Warming Drawer
- Tankless Water Heater
- Wine Refrigerator
- Tile
- Wood
- Heating
- Central,Heat Pump
- Cooling
- Ceiling Fan(s),Central Air
- Fireplaces
- 2
Exterior & Lot
- Balcony
- Uncovered Courtyard
- Electric Car Plug-in
- Gas Grill
- Gutters Full
- Stucco
- Back Yard
- Cul-De-Sac
- Few Trees
- Front Yard
- Back Yard
- Slab
- Covered
- Rear Porch
- Roof
- Metal,Tile
- Lot Size
- 0.40 Acres
- Garage
- Garage Faces Side
- Garage Spaces
- 4
- Pool
- Yes
Financial
- Original List Price
- $4,398,780
- Price per Sq Ft
- $801
Utilities
- Electricity Connected
- Propane
- Sewer Connected
- Water Connected
- Water Source
- MUD
- Sewer
- MUD
Transaction History
1 record on file
Every recorded listing, sale, and lease at 108 Montana Del Oro WAY, whoever represented it.
- ActiveListed 2025Current price: $4,296,780Original list: $4,398,780MLS 6799261
- Price changed · May 20, 2026$4,359,000
- Price changed · June 24, 2026$4,349,000
- Price changed · September 24, 2026$4,296,780
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
Price Change with current price, original ask, and market time.
- Current list
- $4,296,780
- Original list
- $4,398,780
- Price movement
- $102K reduction
- Listed / DOM
- Nov 21, 2025 · 329 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $688,748
- Assessment Year
- 2025
- Parcel ID
- 000000995361
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $688,748 | $688,748 | — |
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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% ($859K)
Adjustable assumption - not a lending recommendation.
$4,296,780
Luxury property intelligence
Keenan Market Position
A sourced read on Rough Hollow pricing, timing, and property scale. No automated valuation claim.
List price
$4,296,780
Price per sqft
$801/sqft
Vs. Neighborhood guide reference price
+338.4%
$980K · Rough Hollow neighborhood guide · reference price
Days on market
329 days
Original to current
$102K reduction
$4.4M original
Active inventory context
42 listings
Price Position in Rough Hollow
Listed 338% above the Rough Hollow neighborhood guide reference price. Rough Hollow neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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Rough Hollow Neighborhood Guide
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