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Verified property facts
407 Highland Village Dr is listed at $779,000 with 4 bedrooms, 3 full bathrooms, 2,442 square feet, 0.31-acre lot.
407 Highland Village Dr is zoned for Lake Travis ISD with assigned schools: Serene Hills (10/10) (elementary), Lake Travis (8/10) (middle), Lake Travis (8/10) (high). School assignments should be verified directly with the district.
407 Highland Village Dr is in Rough Hollow, Austin, Texas. See the full [Rough Hollow neighborhood guide](/neighborhoods/rough-hollow-austin) for market data, schools, and lifestyle details.
407 Highland Village Dr is a Residential built in 2015 featuring 4 bedrooms, 3 full bathrooms, 2,442 square feet, 0.31-acre lot.
407 Highland Village Dr 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.
#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.
Welcome to 407 Highland Village, a stunning one-story, 4-bed, 3-bath home in Rough Hollow, a premier family-friendly community only 45 minutes from downtown Austin! This turnkey gem has it all - fantastic location, magazine-worthy updates, and resort-style amenities at your fingertips. No more time and money spent “fixing.” Weekends will now be for relaxing on your covered patio, entertaining in your open-concept kitchen-living-dining, or enjoying the multiple play options just down the street - lazy river pool, swim-up bar adult pool, pickleball, playgrounds, splash pad, etc. etc. And with zoning to top-rated Lake Travis ISD schools, you’ll sleep well at night knowing you’ve made a solid investment in your family’s future. Cross the threshold of this special property, and you immediately appreciate the abundance of natural light, stylish design with on-trend finishes, and functional floorplan that works for everyone. Note the private location of the 4th bedroom, perfect for guests or a quiet home office, mudroom entry with built-in drop station right next to kids rooms, and the primary suite ideally situated at the back of the house with a luxurious bath featuring his-and-hers vanities and large walk-in closet. Corner lot, tasteful landscaping, flat yard, and appliances convey. Plus, the future owner can look forward to the upcoming neighborhood market and retail opening a short walk away. This is “the one!”
Property Type
Residential
Year Built
2015
Lot Size
0.31 acres
$/Sq Ft
$319
HOA
$897.75/mo
Garage
6 spaces
Listed by Moreland Properties
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-9.1% | — | $764,888 | — | — |
2024-17.8% | — | $841,603 | $281,250 | $440,592 |
2023+107.1% | — | $1,023,794 | $281,250 | $560,353 |
2022 | — | $494,391 | $440,000 | $583,794 |
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% ($156K)
$779,000
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List price
$779,000
Price per sqft
$319/sqft
Vs. Rough Hollow median
-13.9%
$905K median
Days on market
440 days
Original to current
$20K reduction
$799K original
Active inventory context
49 listings
Price Position in Rough Hollow
Listed 14% below the Rough Hollow median
Source: Public records and Keenan Group review as of May 6, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
407 Highland Village Dr is priced at $319 per square foot across 2,442 sqft. The Rough Hollow median list price is $905,000.
With 20% down ($155,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 407 Highland Village Dr is around $5,470 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $779,000, 407 Highland Village Dr 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).
407 Highland Village Dr is part of a managed community with HOA dues of $898 semi-annually. 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)
5 events on record
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-9.1% | — | $764,888 | — | — |
2024-17.8% | — | $841,603 | $281,250 | $440,592 |
2023+107.1% | — | $1,023,794 | $281,250 | $560,353 |
2022 | — | $494,391 | $440,000 | $583,794 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Rough Hollow
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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