Active Listing  ·  98 days on market

136 Baldovino Skwy

Lakeway, TX 78738
$2,000,000
5 Bed 6 Bath 5,494 sqft $364/sqft Built 2022 0.29 acres 3-Car Garage Pool Lakeway Hlnds Ph 2 Sec 6 (Rough Hollow)

This home in Rough Hollow backs directly to an expansive greenbelt with rolling hills, offering views from multiple rooms and the outdoor living areas. The two-story family room features a gas log fireplace and multi-panel sliding doors opening to a covered patio. The island kitchen includes quartz counters, Shaker-style cabinets, and stainless steel appliances featuring a Wolf six-burner gas range and Sub-Zero built-in refrigerator. The office offers strong views and French doors connecting to the family room and the patio with outdoor kitchen. The master suite overlooks the greenbelt through large windows and features a distinctive two-story closet with an internal staircase, storage on both levels, and a hidden bonus room behind a bookshelf door. The master bath has dual vanities, a freestanding tub, and a rainfall shower with body jets. All bedrooms feature walk-in closets. Upstairs, the game room overlooks the family room below and has views of the greenbelt, with a wet bar that serves both the game room and the nearby media room. The casita provides a private bath and walk-in closet for flexible use as a guest suite or office. Two covered patios support outdoor living, with one featuring a well-equipped outdoor kitchen and the other including a fireplace. Rough Hollow provides a private Yacht Club and Marina, multiple pools with lazy river and splash pad, 22 miles of hike-and-bike trails, sports courts, and direct Lake Travis access with kayaks & paddleboards. The home is zoned to Serene Hills Elementary, Lake Travis Middle, and Lake Travis High schools. Property Specifications: 5,494 sq ft | 5 bedrooms | 5 full baths + 1 half bath | Built 2022 | 0.29-acre lot backing to greenbelt with views | Casita with private bath and walk-in closet | Two-story master closet | Island kitchen with Wolf range and Sub-Zero refrigerator | Two covered patios, one with outdoor kitchen | Rough Hollow amenities including Yacht Club, Marina, and Lake Travis access | Lake Travis ISD

At $364/sqft, this home is priced 11% 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

136 Baldovino Skwy, Lakeway, TX 78738

Property Details

Price $2,000,000
Status Active Listing
Beds 5
Full Baths 5
Half Baths 1
Living Area 5,494 sqft
Lot Size 0.29 acres (12,628.04 sqft)
Year Built 2022
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lakeway Hlnds Ph 2 Sec 6 (Rough Hollow)
County Travis
Zip Code 78738
$/sqft $364/sqft
Days on Market ,
HOA $824/Semi-Annually
Annual Tax Est. $32,886.19
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236502322
List Date June 18, 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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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
200 Baldovino Skwy
Rough Hollow
$2,000,000 $414 5 bd / 7 ba 4,831 sqft , 2026-09-10
104 High View Trl
The Estates at Rough Hollow Vista Ridge
$2,150,000 $400 5 bd / 6 ba 5,371 sqft , 2026-07-23
109 Bisset Ct
Rough Hollow
$1,699,000 $322 4 bd / 5 ba 5,282 sqft , 2026-08-01
320 Bisset Ct
Rough Hollow Sec 1 Amdlt1-6,11
$1,695,000 $387 5 bd / 6 ba 4,383 sqft , 2026-09-17
706 Crestone Stream Dr
Serene Hills Sub Ph 2E
$1,395,000 $358 4 bd / 5 ba 3,894 sqft , 2026-09-09

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
$9,600/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
$400,000
20% conventional investment loan

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

Estimated Gross Rent+$9,600
Principal + Interest−$10,915
Property Tax (~2.1% TX avg)−$3,500
Insurance (~0.5%)−$833
Est. Monthly Cash Flow $-5,648

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

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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 July 25, 2026.

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