Active Listing  ·  63 days on market

104 High View Trl

Lakeway, TX 78738
$2,150,000
5 Bed 6 Bath 5,371 sqft $400/sqft Built 2025 0.45 acres 3-Car Garage Pool New Construction The Estates at Rough Hollow Vista Ridge

Set on a bluff homesite in The Estates at Rough Hollow Vista Ridge, 104 High View Trail is a 2025 Drees Custom Homes residence built on the Lynmar II — a plan that has earned its following through balance rather than excess. The orientation does the first work: panoramic, south-facing Hill Country and canyon views open across a two-story wall of glass and carry light through the main living areas from morning to dusk. Inside its 5,371 square feet are five bedrooms, five full and one half bath, and a main-level primary suite framed to the view, paired with a spa-inspired bath — freestanding tub, oversized frameless-glass shower in a marble slab look, dual vanities — and expansive custom dual closets. The island kitchen sets white cabinetry stacked to the ceiling against a broad quartz-topped island, black lantern pendants, stainless appliances, and a walk-in pantry, opening to a living room anchored by a linear fireplace flanked by walls of glass. A glass-enclosed wine bar with display cabinetry adds a natural gathering point, while a private study handles the workday. Upstairs, a game room and a separate media room create space to unwind, and a covered balcony carries the view outdoors. The main covered living area steps out to a stone summer kitchen and grill beneath a wood-plank ceiling. A dark metal roof, zoned energy-efficient systems, and an oversized three-car side-entry garage complete the home across roughly half a landscaped acre. Beyond it, Rough Hollow ranks among Lake Travis's most complete communities: the Highland Village with resort-style pools, a lazy river, and a splash pad and a neighborhood grocery store; a private Yacht Club and Marina with pool dining at the Canyon Grille; a fitness center; and more than 22 miles of trails, with tennis, pickleball, and dog parks throughout, plus Lakeway's golf and Lake Travis access within acclaimed Lake Travis ISD. New construction, a proven plan, and a true view homesite, 104 High View Trail answers all three.

At $400/sqft, this home is priced 22% above the Lakeway active market average of $328/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

104 High View Trl, Lakeway, TX 78738

Property Details

Price $2,150,000
Status Active Listing
Beds 5
Full Baths 5
Half Baths 1
Living Area 5,371 sqft
Lot Size 0.45 acres (19,501.81 sqft)
Year Built 2025
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision The Estates at Rough Hollow Vista Ridge
County Travis
Zip Code 78738
$/sqft $400/sqft
Days on Market ,
HOA $265/Monthly
Annual Tax Est. $30,470.9
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT239985572
List Date July 23, 2026
Elementary School Rough Hollow
Middle School Lake Travis
High School Lake Travis
School District ,

Luke Allen (TREC #788149) has deep knowledge of Lakeway and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Similar Homes on the Market in Lakeway

Comparable Listings Right Now

Homes currently for sale in Lakeway with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
136 Baldovino Skwy
Lakeway Hlnds Ph 2 Sec 6 (Rough Hollow)
$2,000,000 $364 5 bd / 6 ba 5,494 sqft , 2026-06-18
200 Baldovino Skwy
Rough Hollow
$2,000,000 $414 5 bd / 7 ba 4,831 sqft , 2026-09-10
320 Bisset Ct
Rough Hollow Sec 1 Amdlt1-6,11
$1,695,000 $387 5 bd / 6 ba 4,383 sqft , 2026-09-17
1110 Crestone Stream Dr
Serene Hills Sub Ph 3E
$1,400,000 $397 4 bd / 4 ba 3,528 sqft , 2026-07-20

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$10,320/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$430,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$10,320
Principal + Interest−$11,733
Property Tax (~2.1% TX avg)−$3,763
Insurance (~0.5%)−$896
Est. Monthly Cash Flow $-6,072

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Lakeway, TX

Lakeway sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Apple Campus (Domain) 30 min E
Downtown Austin 30 min E via 71
Westlake corridor 15 min E

More Luxury Homes in Lakeway

Loading…
View All Luxury Homes →
About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on August 30, 2026.

📞 (254) 718-2567 [email protected] More about Luke →