206 Majestic Arroyo WAY, Lakeway TX 78738
Lakeway, TX 78738 | Rough Hollow, The Highlands | Built by Brookfield Residential
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About This Property
Perched atop one of the highest points in Rough Hollow, this exceptional hilltop estate captures breathtaking panoramic views that stretch for miles. Thoughtfully designed with an incredible floorplan and upscale finishes throughout, this home brings luxury, functionality, and resort-style living to you. The main level features two bedrooms plus a dedicated office, offering flexibility for everyday living, while upstairs includes two private ensuite bedrooms, a spacious secondary living area, and a full bar complete with sink, refrigerator, and ice maker—perfect for entertaining or private space for guests. Step out onto the expansive balcony and take in the sweeping views that define this remarkable property. Every bedroom is ensuite with its own private bath, complemented by an additional half bath for guests. The heart of the home is the stunning living room with soaring two-story ceilings, flowing effortlessly into a chef’s kitchen with high-end finishes, a large island, and a walk-in pantry. A wine cellar in the formal dining room adds an elegant touch, while a convenient mud drop zone near the garage enhances daily function. The outdoor spaces are nothing short of spectacular. Enjoy a resort-style pool accompanied by a fully equipped pool house featuring a full bath, living area, and kitchenette—allowing for effortless entertaining without ever needing to return to the main home. The backyard also offers a large covered patio with fireplace, outdoor kitchen, and a separate fire pit area down below for gathering under the stars. Additional highlights include a tile roof, 3-car tandem garage, and a private courtyard entry, all contributing to the home’s impressive appeal and timeless design. This is luxury hill country living at its finest—where views, design, and lifestyle come together in perfect harmony.
Property Highlights
Features
- Entrance Foyer
- Granite Counters
- High Ceilings
- Recessed Lighting
- Primary Bedroom on Main
- Interior Steps
- Multiple Living Areas
- Multiple Dining Areas
- Study/Home Office
Location
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Property Details
Parking
HOA & Community
Tax Information
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* Estimate only. Does not include HOA fees, PMI, or other costs.
This property has HOA fees of $850/semi-annually.
Listing History
| Apr 23, 2026 | Listed | Listing Courtesy of The Seely Group - homes@seelyproperties.com | $1,550,000 |
| Oct 18, 2019 | Off Market | ||
| Sep 16, 2019 | Listed | $939,745 |
Frequently Asked Questions About 206 Majestic Arroyo WAY, Lakeway TX 78738
When was 206 Majestic Arroyo WAY, Lakeway TX 78738 built?
206 Majestic Arroyo WAY, Lakeway TX 78738 was built in 2019.
How much does 206 Majestic Arroyo WAY, Lakeway TX 78738 cost?
206 Majestic Arroyo WAY, Lakeway TX 78738 is listed for sale at $1,550,000. That is $373 per square foot.
How many bedrooms and bathrooms does 206 Majestic Arroyo WAY, Lakeway TX 78738 have?
206 Majestic Arroyo WAY, Lakeway TX 78738 has 4 bedrooms and 6 bathrooms (5 full, 1 half) with 4,160 square feet of living space.
What school district is 206 Majestic Arroyo WAY, Lakeway TX 78738 in?
206 Majestic Arroyo WAY, Lakeway TX 78738 is in the Lake Travis ISD school district. Assigned schools include Serene Hills (elementary), Lake Travis (middle), Lake Travis (high school).
Does 206 Majestic Arroyo WAY, Lakeway TX 78738 have an HOA?
Yes, 206 Majestic Arroyo WAY, Lakeway TX 78738 has an HOA fee of $850 per semi-annually. The HOA includes common area maintenance, see remarks.
What are the property taxes on 206 Majestic Arroyo WAY, Lakeway TX 78738?
The annual property taxes on 206 Majestic Arroyo WAY, Lakeway TX 78738 are $27,253 (as of 2025).
How big is the lot at 206 Majestic Arroyo WAY, Lakeway TX 78738?
The lot at 206 Majestic Arroyo WAY, Lakeway TX 78738 is 0.336 acres, and the home has 4,160 square feet of living space.
What type of property is 206 Majestic Arroyo WAY, Lakeway TX 78738?
206 Majestic Arroyo WAY, Lakeway TX 78738 is a residential property.
Does 206 Majestic Arroyo WAY, Lakeway TX 78738 have a garage?
Yes, 206 Majestic Arroyo WAY, Lakeway TX 78738 has a 3-car garage.
Does 206 Majestic Arroyo WAY, Lakeway TX 78738 have a pool?
Yes, 206 Majestic Arroyo WAY, Lakeway TX 78738 has a pool. Pool features include in ground, infinity, outdoor pool.
What subdivision is 206 Majestic Arroyo WAY, Lakeway TX 78738 in?
206 Majestic Arroyo WAY, Lakeway TX 78738 is located in the Rough Hollow, The Highlands subdivision in Lakeway, TX.
What heating and cooling does 206 Majestic Arroyo WAY, Lakeway TX 78738 have?
206 Majestic Arroyo WAY, Lakeway TX 78738 has central heating and central air cooling.
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