— Rough Hollow·Lakeway area, Lake Travis, TX 78738
Updated September 28, 2026
— Lakeway area, Lake Travis, TX 78738

Living in Rough Hollow.

Lake Travis marina living in the Lakeway area, with a September 2026 read on Rough Hollow listings, asking prices and 78738 sales.

— Market Snapshot · Updated Monthly

Rough Hollow Real Estate Market — September 2026

On September 28, 2026, Redfin listed 59 homes for sale inside its Rough Hollow neighborhood boundary at a median asking price of $865,000, or about $292 per square foot, and the median listing had been on Redfin for 108 days. Neighborhood-level closed-sale figures are not currently published, so sales pace is read from ZIP 78738, where the median sale price over the three months ending August 2026 was $976,777, up 13.3% year over year.

Active Listings
59
Sep 28
Median Asking Price
$865K
Sep 28
Asking $/Sq Ft
$292
Sep 28
Median Days Listed
108 days
Sep 28
78738 Median Sale
$977K
↑ +13.3% YoY
Austin Metro Median
$412K
↓ -6.4% YoY
— Where the inventory sits
Under $500K10%
$500K-$750K27%
$750K-$1M26%
$1M-$2M27%
$2M+10%
— Data & sources

Active listings, median asking price, asking price per square foot, days listed and the price distribution are counted by hand from Redfin's active listings inside its Rough Hollow neighborhood boundary on September 28, 2026: 59 homes, excluding two land parcels and five builder floor-plan listings. They describe asking prices of current inventory, not closed sales, and Redfin's boundary may not match the Rough Hollow Lakeway master plan exactly; it also takes in some adjacent condo and townhome streets. Redfin's own Rough Hollow trend figures were last updated for May 2025, so they are not used. The 78738 median sale price is Redfin's calculation from MLS and public records for the whole ZIP, rolling three months ending August 2026. The metro median is Unlock MLS's August 2026 report for the Austin-Round Rock-San Marcos MSA.

As of September 28, 2026 · redfin.com · unlockmls.com
— Latest Market Report

Rough Hollow Market Report: 59 Homes Listed at an $865K Median Ask

On September 28, 2026, Redfin showed 59 homes for sale in Rough Hollow at a median asking price of $865,000, with the median listing up 108 days. The wider 78738 ZIP median sale price rose 13.3% year over year to $976,777.

59 homes for sale

Redfin's Rough Hollow boundary held 42 single-family houses and 16 condos or townhomes on September 28, 2026.

Median asking price of $865K

About $292 per square foot, with asks from $350,000 to about $4.3 million.

Listings sitting a median 108 days

The median active listing had been on Redfin for 108 days as of September 28, 2026.

78738 median sale up 13.3%

$976,777 over the three months ending August 2026, while the Austin metro median fell 6.4%.

Check city limits and MUD

Rough Hollow is split between Lakeway city limits and Travis County MUD No. 11, now served by Lakeway MUD.

Read the full September 2026 report →
— Lifestyle

What It's Like to Live in Rough Hollow

Rough Hollow Lakeway is a master-planned community developed by Legend Communities on about three miles of Lake Travis shoreline in the Lakeway area west of Austin. Parts of it sit inside Lakeway city limits after annexations from the city's extraterritorial jurisdiction, and much of it lies in Travis County MUD No. 11, so addresses fall under either 78738 or 78734. The Rough Hollow Yacht Club and Marina at 105 Yacht Club Cove holds the Canyon Grille, a negative-edge pool, a fitness center and a ship's store. Homes are served by Lake Travis ISD, with Rough Hollow Elementary inside the community. On September 28, 2026, Redfin showed 59 homes for sale in its Rough Hollow boundary at a median asking price of $865,000.

Yacht Club and Marina

The Rough Hollow Yacht Club and Marina sits at 105 Yacht Club Cove on Lake Travis, with a fully stocked ship's store and fuel pumps, complimentary kayaks and paddle boards, and tram carts down to the waterfront. It won MAX awards in 2016 and 2017 for Best Unique Feature in a Master-Planned Community.

Lake TravisMarinaBoating

Canyon Grille and the Pavilion

The club's Canyon Grille serves chef-prepared food with live music and free valet parking, and lists a 10% resident dining discount. A semi-enclosed, 2,700-square-foot lakefront pavilion seats up to 150 guests and can be rented for events.

DiningLive MusicEvents

Pool and Fitness

The yacht club has a resort-style negative-edge pool and a fitness center. Its published calendar runs weekly spin, strength, yoga and SHAPE classes at the RHYC Pavilion and the SHAPE studio.

PoolFitnessClasses

Three Miles of Shoreline

Rough Hollow runs along about three miles of Lake Travis shoreline, per Austin Monthly. Lake Travis was 89.6% full on September 28, 2026, according to the Texas Water Development Board's Water Data for Texas.

Lake TravisWaterfrontLake Levels

Butler Rough Hollow Park

The City of Lakeway broke ground on Butler Rough Hollow Park near Tomichi Trail in July 2026. The $2.07 million construction contract covers a mountain bike trail, a sports field and a playground, and the city expects the park to open in summer 2027.

ParksTrails2024 Parks Bond

Lake Travis ISD Zoning

Rough Hollow is served by Lake Travis ISD, and Rough Hollow Elementary sits inside the community. The developer lists Rough Hollow Elementary, Serene Hills Elementary, Lake Travis Middle School and Lake Travis High School. GreatSchools, a third-party rater, scores both elementary campuses 9 out of 10.

Lake Travis ISDSchoolsZoning
— Common Questions

Questions People Ask Most About Rough Hollow

Is Rough Hollow a buyer's or seller's market right now?

Inventory is giving buyers room. On September 28, 2026, Redfin showed 59 homes for sale in Rough Hollow, and the median listing had been up 108 days. The wider 78738 ZIP was firmer: its median sale price rose 13.3% year over year to $976,777 over the three months ending August 2026.

How much does a home in Rough Hollow cost?

The median asking price was $865,000 across 59 active Redfin listings on September 28, 2026, about $292 per square foot. Asking prices ran from $350,000 to about $4.3 million. Roughly 27% asked $1 million to $2 million, 10% asked above $2 million and 10% asked under $500,000.

How long does it take to sell a home in Rough Hollow?

Redfin does not currently publish a neighborhood sales pace, so the closest read is ZIP 78738, where homes sold after a median 69 days over the three months ending August 2026. Current Rough Hollow listings had been on Redfin a median 108 days on September 28, 2026.

What kinds of homes are in Rough Hollow?

Mostly detached single-family houses, with some condos and townhomes. Of the 59 homes Redfin listed in its Rough Hollow boundary on September 28, 2026, 42 were single-family houses and 16 were condos or townhomes. Builder floor-plan listings and land parcels were excluded from that count.

Is Rough Hollow inside Lakeway city limits?

Partly. Lakeway has annexed sections of Rough Hollow from its extraterritorial jurisdiction, including land in May 2022, while much of the community lies in Travis County MUD No. 11. City taxes and services depend on the address, so confirm the taxing units for a specific property before you buy.

Which school district serves Rough Hollow?

Lake Travis ISD. Rough Hollow Elementary is inside the community, and the developer also lists Serene Hills Elementary, Lake Travis Middle School and Lake Travis High School. GreatSchools, a third party, rates both elementary campuses 9 out of 10. Verify current zoning with the district for a specific address.

What is there to do in Rough Hollow?

Lake Travis is the center of it. The Rough Hollow Yacht Club and Marina has a ship's store, kayaks and paddle boards, a negative-edge pool, a fitness center and the Canyon Grille. The City of Lakeway is building Butler Rough Hollow Park, which it expects to open in summer 2027.

Who is Jonathan Creath?

A Real Estate Advisor with Kuper Sotheby's International Realty, part of Creath Partners, a family business his father Garry Creath founded in 1971 and brought to Austin in 1989. Lakeway and the Lake Travis areas are among the markets the practice works. He holds Texas license #547237.

— Upcoming

What's Happening in Rough Hollow

free

Big Band Bash in Rough Hollow

The Lakeway Arts Committee brings the 17-piece Republic of Texas Big Band to the Rough Hollow Event Center, 7-9 p.m. Free, with donations accepted.

— Community News

What's New in Rough Hollow

Utilities

Lakeway MUD takes over water and wastewater service from Travis County MUD 11

The boards of Travis County MUDs 11, 12 and 13 moved retail water and wastewater service to Lakeway Municipal Utility District on September 11, 2026, citing expected savings for customers. Customers must sign up with Lakeway MUD, which bills every two months; the first invoice arrives in early October with a one-time $50 service fee in place of a deposit.

Utilities

Stage 3 watering limits for MUD 11 Highlands streets

Because wholesale supplier West Travis County Public Utility Agency moved to Stage 3, Travis County MUD 11 limited sprinkler watering on nine Highlands streets, including Duffy Lane, Princes Court and Waverly Spire Court, to one day a week from 6 to 10 a.m., effective August 25, 2026. The rest of the district remains under Stage 1, two days a week.

Parks

Lakeway breaks ground on Butler Rough Hollow Park

The city held a groundbreaking for Butler Rough Hollow Park, the second of five projects in the voter-approved 2024 Parks Bond. Council awarded the $2,072,196 construction contract to Millis Development and Construction in April. Plans include a mountain bike trail, a sports field and a playground near Tomichi Trail, with opening expected in summer 2027.

— Begin a Conversation

Talk to Someone Who Knows Rough Hollow

Jonathan Creath

Jonathan Creath

Real Estate Advisor · Kuper Sotheby's International Realty

Creath Partners was founded by Garry Creath and remains a family business to this day — begun in Colorado Springs in 1971, grown in Lubbock, and brought to Austin in 1989.

(512) 406-1086jonathan.creath@sothebysrealty.com
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