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Verified property facts
304 Keaton Ter is zoned for Lake Travis ISD with assigned schools: Rough Hollow (10/10) (elementary), Lake Travis (8/10) (middle), Lake Travis (8/10) (high). School assignments should be verified directly with the district.
304 Keaton Ter is in Rough Hollow, Austin, Texas. See the full [Rough Hollow neighborhood guide](/neighborhoods/rough-hollow-austin) for market data, schools, and lifestyle details.
304 Keaton Ter is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 304 Keaton Ter is $4,626. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
Are you seeking a sophisticated lifestyle with breathtaking panoramic lake views? Look no further than 304 Keaton Terrace, a prime opportunity to live above it all in Rough Hollow, Lakeway. This .4-acre home site, with no neighbor to the right and backing to a peaceful greenbelt, offers stunning panoramic views that capture the beauty of Lake Travis and the Hill Country. The site, measuring 150 feet deep by 133 feet wide, boasts unobstructed sunset views that will take your breath away every evening. Partner with the renowned Sterling Custom Homes, a favorite builder in the Lake Travis area, to bring your dream home to life. Known for their refined home designs and attention to luxury details, Sterling Custom Homes will elevate your lifestyle with a residence tailored to your vision. This exclusive opportunity is located in Hacienda Heights, a private enclave within Rough Hollow, offering a lifestyle of resort-like amenities. Enjoy access to the Rough Hollow Marina on Lake Travis, resort-style pools, a fitness center, tennis courts, and miles of hiking and biking trails. The Rough Hollow Yacht Club, with its lakeside dining, provides a perfect place for relaxation and entertainment. Families will benefit from the acclaimed Lake Travis Independent School District, ensuring top-quality education. Conveniently located near the Hill Country Galleria, you’ll find upscale shopping, dining, and entertainment just minutes away. With easy access to downtown Austin and Austin-Bergstrom International Airport, you can enjoy both tranquility and connectivity. Contact us today for a private tour of 304 Keaton Terrace and discover the elevated lifestyle that awaits in Rough Hollow, Lakeway.
Property Type
Land
Lot Size
0.40 acres
HOA
$267.22/mo
Listed by eXp Realty, LLC
Property Details
Features
Lot Features
Fencing

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. Ratings from GreatSchools.org.
20% ($132K)
$660,000
Luxury property intelligence
A sourced read on Rough Hollow pricing, timing, and property scale. No automated valuation claim.
List price
$660,000
Price per sqft
Not available
Vs. Rough Hollow median
-27.1%
$905K median
Days on market
587 days
Original to current
No verified reduction
$600K original
Active inventory context
49 listings
Price Position in Rough Hollow
Listed 27% below the Rough Hollow median
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 13, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($132,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 304 Keaton Ter is around $3,810 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $660,000, 304 Keaton Ter is in the Rough Hollow market where there are currently 228 active listings in 78738. The Keenan Group has completed 19 transactions in 78738 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [Rough Hollow guide](/neighborhoods/rough-hollow-austin).
304 Keaton Ter is part of a managed community with HOA dues of $267 monthly. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Rough Hollow is one of Austin's established neighborhoods, zoned for Lake Travis ISD in the 78738 area. The Keenan Group has specialized in Rough Hollow real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
Neighborhood guide and local insights
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.
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