Active Listing  ·  14 days on market

200 Baldovino Skwy

Lakeway, TX 78738
$2,000,000
5 Bed 7 Bath 4,831 sqft $414/sqft Built 2022 0.41 acres 3-Car Garage Pool Rough Hollow

Some homes are defined by their interiors. This one is defined by what lies just beyond them. Set against sweeping Hill Country and greenbelt views, this exceptional Rough Hollow residence offers rare privacy and connection to nature, feeling worlds away while remaining in the heart of one of Lake Travis’ most amenity-rich communities.

Designed to embrace its remarkable setting, the home offers multiple outdoor living and entertaining spaces overlooking the landscape. The expansive covered patio extends the living space with automated screens, outdoor kitchen and fireplace. The private backyard offers usable space framed by mature trees and uninterrupted Hill Country scenery.

Inside, timeless designer details and thoughtful technology elevate nearly every room. Beamed and coffered ceilings, wood flooring, custom built-ins, integrated speakers, automated lighting and window coverings create a sophisticated yet comfortable aesthetic. The showpiece kitchen features dramatic waterfall-edge quartz, cabinet venthood and generous cabinetry, opening seamlessly to the living spaces and views beyond.

One of the home's most distinctive features is the private casita, complete with its own entrance and full bath ideal for guests, exercise enthusiasts or a private work-from-home retreat. An additional climate-controlled space upstairs not included in the stated sqft offers even more flexibility as a music room, kids' study or creative studio.

With 4 living areas, 5 bedrooms, 7 baths and a 3-car garage, the residence offers impressive scale without sacrificing warmth or livability. What ultimately sets this home apart is the experience: morning coffee overlooking the hills, evenings by the outdoor fireplace, guests enjoying their own casita, and indoor-outdoor spaces designed for gathering all surrounded by the natural beauty of the Texas Hill Country.

Private, polished and perfectly positioned in Rough Hollow, this is Hill Country luxury designed to be lived in.

At $414/sqft, this home is priced 26% 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

200 Baldovino Skwy, Lakeway, TX 78738

Property Details

Price $2,000,000
Status Active Listing
Beds 5
Full Baths 5
Half Baths 2
Living Area 4,831 sqft
Lot Size 0.41 acres (18,020.77 sqft)
Year Built 2022
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Rough Hollow
County Travis
Zip Code 78738
$/sqft $414/sqft
Days on Market ,
HOA $826/Semi-Annually
Annual Tax Est. $41,199.21
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246252977
List Date September 10, 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.

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
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
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
$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 September 19, 2026.

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