Rough Hollow, Lakeway
Rough Hollow is a master planned community on the south shore of Lake Travis inside the City of Lakeway, developed from the mid 2000s onward, with a lakeside marina, multiple amenity centers, pools and trails. It is one of the newer large communities in the area, which means newer housing stock and a fuller amenity package than the original Lakeway sections, along with higher HOA dues. Mary Hickey has closed 11 sales there at a median of $630,000, including a $2,915,000 sale in 2022.
What you are paying for
Rough Hollow's draw is the amenity package and the newer construction. The community includes a marina on Lake Travis, amenity centers with pools, and an extensive trail system, which is a different proposition from the older Lakeway sections where the amenities are largely the city's.
That package is funded by HOA dues that are meaningfully higher than in older parts of Lakeway. Whether that is good value depends entirely on whether you will use the marina and the pools. Buyers who will use them tend to consider it excellent value, and buyers who will not are paying for someone else's weekend.
The price range is wide
Mary's closings here run from the mid $400,000s to $2,915,000, with a median of $630,000. That spread reflects a community built across many phases and product types, from smaller-lot homes up to custom properties with lake views.
The 2022 sale at $2,915,000 was a six bedroom property built in 2010 in Section 7, where she represented the seller. The upper tier here competes directly with Flintrock and the newer Serene Hills construction.
What to check before you buy
Ask for the current HOA dues in writing along with what they include, since the amenity access is the main reason to be here. Confirm whether any assessment is under discussion.
In a community still being built out in places, also ask about the construction timeline near a specific lot. A quiet cul-de-sac with an undeveloped parcel behind it may not stay quiet, and the sales office is not obliged to volunteer the plan.
Common questions
What do homes sell for in Rough Hollow?
Mary's 11 closings there run to a median of $630,000 with a top sale of $2,915,000. Across the broader market, Rough Hollow closings over the twelve months ending July 2026 ran to a median near $880,000 with about 69 days on market and roughly $302 per square foot.
Does Rough Hollow have lake access?
The community includes a marina on Lake Travis. Access arrangements, slip availability and any associated cost are governed by the community and can change, so confirm the current terms rather than relying on a listing description.
Are the HOA dues high?
They are higher than in the original Lakeway sections, which is the trade for the amenity package. Ask for the current figure in writing, what it includes, and whether any special assessment is under discussion, before you make an offer.
Is Rough Hollow in Lakeway?
Yes, it sits within the City of Lakeway, unlike The Hills which is a separately incorporated village. That affects municipal services and city taxes.
What school district serves Rough Hollow?
Lake Travis ISD. Attendance boundaries are set by the district and are subject to change, particularly in growing areas, so confirm the assigned campus for a specific address with LTISD.
How new are the homes?
The community developed from the mid 2000s onward, so most housing stock is roughly 2006 or newer, with some sections considerably more recent. Newer construction means fewer immediate maintenance items than the 1970s and 1980s Lakeway sections.
How does Rough Hollow compare to Steiner Ranch?
Both are large amenity-rich master planned communities in Lake Travis ISD. Rough Hollow is inside Lakeway on the lake's south shore with a marina, while Steiner Ranch sits further east toward Lake Austin. Recent medians have been broadly comparable, near $880,000 and $824,000 respectively.
Is there still new construction available?
Availability changes continually as phases complete. If new construction matters to you, ask for the current builder inventory and the phase plan, and get the construction timeline for any parcel adjacent to a lot you are considering.
Do homes here hold value?
No one can promise appreciation on any property. What the data shows is a community with consistent transaction volume and a wide price range, which generally means a functioning market with real comparable sales to price against.
Can Mary help with a Rough Hollow purchase or sale?
Yes. She has 11 closings there between 2011 and 2026 on both sides of the transaction, including the community's upper tier. Call (512) 796-4245.