308 Tempranillo WAY, Lakeway TX 78738

Lakeway, TX 78738 | Rough Hollow | Built by Highland Homes, LTD

Ed's Opinion of Value

$1,399,565 Ed's Estimate: $1,694,286 $4,398,780
Lowest Comp Recommended List: $1,796,000 to $2,096,000 Highest Comp
After reviewing 5 recent transactions in ROUGH HOLLOW, I estimate this property's value at $1,694,286. A competitive list price for this home right now would fall in the $1,796,000 to $2,096,000 range. This home's position in the current ROUGH HOLLOW market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. Being 368 sqft larger than the average comparable sale in this area impacts the per square foot value. Having a pool is a plus; 2 of the 5 comps lacked one. The active market in ROUGH HOLLOW includes 7 comparable homes priced from $1,349,484 to $4,398,780. Prices in ROUGH HOLLOW have fallen 7.4% over the last 6 months. A similar home at 409 Tempranillo WAY, Lakeway TX 78738 carries an adjusted comparable value of $1,795,173, providing a strong data point. With 5 comparable sales in ROUGH HOLLOW, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
5 Beds
7 Baths 5 Full, 2 Half
5,115 Sq Ft
0.2893 Acres
2014 Built
3 Garage

About This Property

Located in the highly sought-after Lakeside section of Rough Hollow, this fully designer-renovated home is a stunning showcase of luxury and thoughtful design. Featuring 5 bedrooms, 7 bathrooms, and a range of flexible living spaces, this residence caters to both everyday comfort and grand entertaining.

The gourmet kitchen is a chef's dream, complete with high-end appliances, elegant finishes, and a spacious butler’s pantry for effortless meal prep and storage. The private primary suite offers a spa-like bathroom and custom-designed closets, providing a serene retreat. Additional highlights include a media room, a dedicated gym, a versatile game room for kids, and an upstairs workspace ideal for school or creative projects. A private guest room ensures visiting friends and family feel at home.

Step outside to your own resort-style backyard oasis, featuring a sparkling pool and a stylish cabana, perfect for hosting gatherings or relaxing in ultimate luxury. Every detail of this home has been meticulously crafted with high-end finishes and thoughtful touches, making it a true standout in one of Rough Hollow’s most desirable neighborhoods.

Situated just minutes from the Hill Country Galleria, a variety of shops, restaurants, and entertainment options, this home also offers the convenience of being within the highly acclaimed Lake Travis ISD. Every detail of this property has been meticulously crafted with high-end finishes and thoughtful touches, making it a true standout in one of Rough Hollow’s most desirable neighborhoods.

Don’t miss this incredible opportunity to own a home that blends elegance, comfort, and functionality in equal measure.

Property Highlights

Pool Cabana, Fenced, Gunite, Waterfall

Features

  • Bookcases
  • Built-in Features
  • Ceiling Fan(s)
  • Beamed Ceilings
  • Cathedral Ceiling(s)
  • High Ceilings
  • Vaulted Ceiling(s)
  • Quartz Counters
  • Crown Molding
  • Entrance Foyer
  • Interior Steps
  • Kitchen Island
  • Multiple Dining Areas
  • Multiple Living Areas
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Sound System
  • Walk-In Closet(s)
  • Wet Bar
  • Wired for Data
  • Wired for Sound

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 Carpet, Tile, Wood
Cooling Central Air
Heating Central
Exterior Balcony, Barbecue, Exterior Steps, Gas Grill, Gutters Full, Lighting, Outdoor Grill, Pest Tubes in Walls, Private Yard
County Travis
MLS # 4141916

Parking

Garage 3 spaces

HOA & Community

HOA Fee $230 /Monthly
HOA Includes Common Area Maintenance

Listing History

MLS# 4141916 - Updated Mar 13, 2026 19 days
Apr 1, 2025 Off Market
Feb 5, 2025 Listed $1,850,000

Frequently Asked Questions About 308 Tempranillo WAY, Lakeway TX 78738

When was 308 Tempranillo WAY, Lakeway TX 78738 built?

308 Tempranillo WAY, Lakeway TX 78738 was built in 2014.

How much does 308 Tempranillo WAY, Lakeway TX 78738 cost?

308 Tempranillo WAY, Lakeway TX 78738 sold on April 1, 2025. Contact us for sale price details.

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