204 Olivia Dr, Austin, TX 78738

MLS# 3496854 - Built by Lennar - Ready Now! ~ BRAND NEW beautiful 2 story attached condominium in Rough Hollow - ready for December close!! Lock and leave living at its best! An open concept floor plan and 2 owner's suites! The vaulted ceilings and iron staircase provide open and spacious living. Stainless steel appliances, Silestone counters, and a huge center island with pendant lighting are perfect for entertaining. Wood floors through the living areas, and great design features throughout. White cabinets at the kitchen, Blanco Orion Silestone counters and designer backsplash. Downstairs Owners suite bath features dual vanities, huge walk in shower, and pass through to closet. Upstairs you find a second Owners Suite and 2 more beds with shared bath. Enjoy the back yard on your large covered patio. Water softener preplumb, and great technology package! Photos of previously completed Castell plan. Lock and leave resort-style living! Exterior maintained by HOA. Nestled within Texas Hill Country with Lake Travis access close by. Rough Hollow features 22 miles of hiking and biking trails, 4 pools, a playground, 2 gyms, tennisbasketball courts, a marina, a dog park + Life Director. This home is a must see!

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.