Active Listing  ·  210 days on market

105 Cascading Water Pl

Lakeway, TX 78734
$725,000
4 Bed 3 Bath 2,591 sqft $280/sqft Built 2019 2-Car Garage Pool Rough Hollow

Lake Travis water level is up! Purchase turn-key for summer 2026! ALL RESTORATION HARDWARE FURNITURE NEGOTIABLE. Luxury meets effortless lakeside living in this meticulously upgraded 3 or 4-bedroom, 2.5-bathroom home in the prestigious Lake Ridge at Rough Hollow community on Lake Travis. Designed for those who appreciate high-end finishes and a low-maintenance, lock-and-leave lifestyle, this 2,591 sq. ft. residence is nestled in a gated enclave just moments from Lake Travis, the Rough Hollow Yacht Club and Marina, and offers resort-style amenities. Step inside to an elegant open-concept floor plan featuring soaring ceilings with wood beams, designer wood flooring, and custom crown molding. The great room is an inviting space, while the chef’s kitchen provides outstanding functional efficiency—boasting granite countertops, premium Thermador appliances, soft-close cabinetry, and a stylish dry bar and wine cabinet. The primary suite on the main level offers a spa-inspired retreat with a custom closet system, a luxury walk-in shower with designer tile for a warm ambiance. Upstairs, a spacious family room, game room, and study/tech center provide flexibility for work, play, or entertainment, two bedrooms, and a large bathroom with dual vanities. Outdoor living is elevated with two covered patios, a built-in stainless steel grill, and views over a serene wet-weather creek. Additional features include a two-car garage, upgraded security system pre-wiring, and premium window coverings. Residents enjoy unparalleled access to Rough Hollow’s world-class amenities, including the private marina, a state-of-the-art fitness center, infinity pools, waterfront dining, and miles of scenic trails.

At $280/sqft, this home is 14% below the Lakeway active market average of $327/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

105 Cascading Water Pl, Lakeway, TX 78734

Property Details

Price $725,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,591 sqft
Lot Size ,
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Rough Hollow
County Travis
Zip Code 78734
$/sqft $280/sqft
Days on Market ,
HOA $573/Monthly
Annual Tax Est. $13,908
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT219830654
List Date February 25, 2026
Elementary School Serene Hills
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.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · February 25, 2026 $799,000
Previous ask $749,000
Current ask $725,000
Reduced $74,000 (-9.3%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
404 Marina View Way
Villas At Rough Hollow South S
$740,000 $285 4 bd / 4 ba 2,597 sqft , 2026-09-11
122 Feritti Dr
Rough Hollow- East Rim
$745,000 $296 4 bd / 3 ba 2,520 sqft , 2026-09-06
402 Seawind St
Lakeway Townhouses Amended
$785,000 $227 3 bd / 3 ba 3,460 sqft , 2026-03-13
116 Blue Clearing Way
Rough Hollow Sec 3 Condo
$789,000 $258 4 bd / 4 ba 3,057 sqft , 2026-08-01
412 Eagle None
Lakeway
$799,000 $317 3 bd / 3 ba 2,522 sqft , 2026-07-31

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
$3,480/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
$145,000
20% conventional investment loan

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

Estimated Gross Rent+$3,480
Principal + Interest−$3,957
Property Tax (~2.1% TX avg)−$1,269
Insurance (~0.5%)−$302
Est. Monthly Cash Flow $-2,048

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

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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 5, 2026.

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