What does a home in Rough Hollow cost?

Rough Hollow is a master-planned community in Lakeway on the south shore of Lake Travis, about 17 miles west of downtown Austin. It is mostly single-family homes, with a small number of condos, and much of it is recent construction: the median home sold over the last year was built in 2020. 137 homes sold there in the 12 months ending September 2026 at a median of $875,000, and 58 are for sale today.

Rough Hollow single-family houses sold for a median of $895,000 across 125 sales in the last 12 months, and condos for a median of $465,000 across 11 sales. Bedroom count is the biggest driver: three-bedroom homes had a median of $647,500, four-bedroom homes $845,000, and homes with five or more bedrooms $1,455,000. The median home for sale today is listed at $969,000, with active listings from $425,000 to $4,299,900.

Rough Hollow has about 5.1 months of supply as of September 2026, which is close to a balanced market. Buyers have more choice than the pace of sales suggests, and 47% of homes that sold had cut their price. At the same time, homes are moving faster than a year ago, with a 52-day median against 93 days before, and they closed at 95.5% of original list. Negotiating room depends on how a specific home was priced at launch.

Yes, on the median. Over the last 12 months Rough Hollow's median sale was $875,000 across 137 sales, while neighboring Sweetwater's was $700,000 across 107 sales. Part of that gap is the mix: Rough Hollow sold more large homes, with 46 sales of five or more bedrooms at a median of $1,455,000. Comparing the same bedroom count and square footage in each community gives a fairer read, and we can pull those matched sales for you.

Get a loan approval that fits the price band you want first, since the median house here sold for $895,000 and many buyers need a jumbo loan. Then set up a saved search inside the Rough Hollow boundary so new listings reach you the day they list. Because about 30% of recent sales were built in 2023 or later, compare builder inventory against resale homes. Ask whether the builder's incentives are worth more than a resale seller's willingness to negotiate.

Pricing against the builders' list prices instead of the closed resale numbers. With new construction still selling in and around the community, a resale home competes with brand-new inventory and incentives. Over the last year 47% of Rough Hollow homes that sold cut their price, and the typical home closed at 95.5% of its original list. Homes priced to the recent closed sales of the same size sold inside the 52-day median.

A large share. Of the 137 homes sold in the last 12 months, 41, about 30%, were built in 2023 or later, and the median sold home was built in 2020. The oldest homes that sold date to 2007. That means most buyers are choosing between near-new resale homes and homes still being built. Resale homes usually come with finished landscaping and window coverings that a new build may not include in its base price.

Four-bedroom homes were the most common sale in Rough Hollow over the last 12 months, with 61 sales at a median of $845,000. For context, three-bedroom homes had a median of $647,500 across 30 sales, and homes with five or more bedrooms $1,455,000 across 46 sales. Within the four-bedroom group, square footage, lot, lake views and build year move the price, so the best guide is the sales of similar homes nearby.

Almost all of Rough Hollow is in the 78738 ZIP code: 131 of the 137 sales in the last 12 months were in 78738 and 6 were in 78734. 78738 also covers other Lakeway and Bee Cave communities, including Sweetwater, Flintrock Falls and Spanish Oaks, so ZIP-level statistics blend very different homes. The figures on this page come only from sales inside the Rough Hollow boundary.

Request a home value from us and we will price it against the Rough Hollow sales that match it: similar bedrooms, square footage, build year and lot, from the last 12 months of ACTRIS MLS closings. For context, the community median was $875,000 across 137 sales, and the typical home closed at 95.5% of its original list price. We will also show you the active and new-build homes you would be competing with.