304 Tempranillo WAY, Austin TX 78738

Off Market

View of front of home with concrete driveway, stone siding, a tiled roof, an attached garage, and stucco siding

Additional photos available to registered users

Ed's Opinion of Value

$850,575 Ed's Estimate: $1,084,961 $1,890,364

Lowest Comp Recommended List: $926,000 to $936,000 Highest Comp

The estimated value of this property is $1,084,961, based on 6 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $926,000 and $936,000. Against 7 similar active listings in LAKEWAY HIGHLANDS, this price point lands at the 3rd most expensive of 7 comparable homes on the market. The 180 sqft size difference versus comparable sales is reflected in the adjusted values. The pool is a standout feature, with 5 of 6 comparable homes not offering one. With 7 similar homes currently listed in LAKEWAY HIGHLANDS (a buyer's market), competition is a factor to consider. Recent trends in LAKEWAY HIGHLANDS show home values have fallen 12.8% since 6 months ago. The most comparable recent sale is 203 Serene Hilltop CIR, Lakeway TX 78738, with an adjusted value of $989,457; with no pool. Based on 6 relevant data points in LAKEWAY HIGHLANDS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX

LAKEWAY HIGHLANDS Market Trends

$835,000 Median Sold Price ▼ 12.8% 6mo

$278/sqft Median $/SqFt ▼ 8.9% 6mo

28 days Avg Days on Market 19 days faster

8 homes Active Inventory 9.6 mo supply

96.8% Sale-to-List Ratio

5 Sales (6 months)

Recently Sold Comparables

$989,457 adjusted 203 Serene Hilltop CIR, Lakeway TX 78738 4bd / 4.0ba • 3,599 sqft • 0.4 mi Sold 1 days ago

$1,119,708 adjusted 403 Forza Viola WAY, Austin TX 78738 5bd / 4.0ba • 3,705 sqft • 0.6 mi Sold 9 months ago

$881,788 adjusted 209 Mia DR, Lakeway TX 78738 4bd / 3.0ba • 3,705 sqft • 0.1 mi Sold 4 months ago

$850,575 adjusted 201 Tavish TRL, Austin TX 78738 5bd / 4.0ba • 3,849 sqft • 0.2 mi Sold 6 months ago

$1,890,364 adjusted 202 Bella Colinas DR, Lakeway TX 78738 4bd / 5.0ba • 3,245 sqft • 0.3 mi Sold 9 months ago

Currently on Market

$1,150,000 102 Waverly Spire CT, Austin TX 78738 4bd / 4.0ba • 3,435 sqft • 0.2 mi 1 days on market

$969,000 102 Kildrummy LN, Austin TX 78738 4bd / 4.0ba • 3,534 sqft • 0.3 mi 30 days on market

$1,099,000 405 Baldovino SKWY, Lakeway TX 78738 5bd / 4.0ba • 3,719 sqft • 0.6 mi 28 days on market

4 Beds

4 Baths 4 Full

3,537 Sq Ft

0.3081 Acres

2016 Built

3 Garage

About This Property

Welcome to 304 Tempranillo Way, an exquisite luxury residence nestled within the exclusive Rough Hollow yacht club resort community of Lakeway, TX. This modern and rare single-story, 4-bedroom, 4-bathroom sanctuary spans an impressive 3,537 square feet, offering an unparalleled blend of sophistication and comfort.
Step inside this Drees semi-custom home to discover an elegantly designed interior featuring a spacious media/fitness room, perfect for entertaining. The gourmet kitchen seamlessly integrates with the luxurious outdoor space, where a state-of-the-art pool and kitchen await your culinary adventures and alfresco dining experiences. Relax in your outdoor spa and enjoy the gorgeous Texas sunsets.

Retreat to the primary suite, a haven of tranquility with a spa-like bathroom. Each additional bedroom is thoughtfully designed, ensuring ample space and comfortable privacy for all.

The expansive 0.310 acre lot provides abundant private outdoor space, ideal for relaxation and leisure. Stay active in your private gym, and enjoy the convenience of a large garage for all your storage needs.
Experience the epitome of luxury living at 304 Tempranillo Way, where modern elegance meets resort-style amenities.

Property Highlights

Pool Gunite, Heated, In Ground, Pool/Spa Combo

Features

Ceiling Fan(s)
High Ceilings
Quartz Counters
Crown Molding
Double Vanity
Electric Dryer Hookup
French Doors
High Speed Internet
In-Law Floorplan
Kitchen Island
Multiple Dining Areas
Open Floorplan
Pantry
Primary Bedroom on Main
Recessed Lighting
Soaking Tub
Storage
Walk-In Closet(s)

Location

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Schools

School District Lake Travis ISD

Elementary Rough Hollow

Middle School Lake Travis

High School Lake Travis

Property Details

Property Type Residential

Flooring Wood

Cooling Ceiling Fan(s), Central Air

Heating Central, Propane

Exterior Barbecue, Exterior Steps, Gas Grill, Outdoor Grill

County Travis

MLS # 9454937

Parking

Garage 3 spaces

HOA & Community

HOA Fee $218 /Monthly

HOA Includes Common Area Maintenance, Insurance

Tax Information

Annual Taxes $14,961 (2024)

Listing History

MLS# 9454937 - Updated Mar 14, 2026 21 days

May 15, 2025	Off Market
Mar 1, 2025	Listed		$1,650,000

Frequently Asked Questions About 304 Tempranillo WAY, Austin TX 78738

When was 304 Tempranillo WAY, Austin TX 78738 built?

304 Tempranillo WAY, Austin TX 78738 was built in 2016.

How much does 304 Tempranillo WAY, Austin TX 78738 cost?

304 Tempranillo WAY, Austin TX 78738 sold on May 15, 2025. Contact us for sale price details.

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