Active Listing  ·  53 days on market

202 Marina View Way #8B

Lakeway, TX 78734
$895,000
3 Bed 3 Bath 2,411 sqft $371/sqft Built 2015 0.41 acres 2-Car Garage Pool Waterfront Villas At Rough Hollow South S

Picture ending the day on the terrace, the marina below you and the Hill Country going gold as the sun drops over Lake Travis. That is the everyday view from this Lakeridge home on Rough Hollow's south shore, and it is the reason people fall for this one. You are inside a gated enclave, yet the water is barely a walk away: a private gate opens straight to the marina, the Canyon Grille, and the Shape fitness studio, so a morning paddle or a dinner by the water never involves the car. The layout is an upside-down plan, and it is smart about it. The main level keeps everything you use most within reach of the view, the primary suite, the open kitchen and great room, and the upper covered terrace. Downstairs is where the fun lives, a second living and game room, the guest bedrooms and bath, a bunk room the kids will fight over, and a second covered terrace for the overflow. Two levels of outdoor living mean there is always a place to land. Inside, it is warm and current, wood floors, beamed ceilings, a linear fireplace on a shiplap wall, and a wall of glass that slides away so the room and the lake become one. The kitchen was built for company, a big island and breakfast bar, built-in ovens, a gas cooktop, a walk-in pantry, and a wine bar right by the door. The primary suite is its own quiet corner, with a tray ceiling, barn doors to the bath, a soaking tub, a walk-in glass shower, and a double granite vanity. Built in 2015 by Legacy DCS and made to lock and leave, it is the kind of place you can close up on Sunday and not think about until you are back. And you are buying the whole Rough Hollow lifestyle with it, a shared boat dock, community kayaks and paddleboards, the Yacht Club pool, tennis and sport courts, a playground, and trails for days, plus a spa and recovery room when you want them. Zoned to Lake Travis ISD with Serene Hills Elementary. Come stand on the terrace at golden hour and you will understand why this one is hard to leave.

At $371/sqft, this home is priced 13% above the Lakeway active market average of $327/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

202 Marina View Way #8B, Lakeway, TX 78734

Property Details

Price $895,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,411 sqft
Lot Size 0.41 acres (17,698.43 sqft)
Year Built 2015
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Villas At Rough Hollow South S
County Travis
Zip Code 78734
$/sqft $371/sqft
Days on Market ,
HOA $573/Monthly
Annual Tax Est. $10,758
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT241900097
List Date August 1, 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
304 Nautilus Ave
Lakeway Sec 23
$899,000 $280 4 bd / 4 ba 3,208 sqft , 2026-06-11
505 Wester Ross Ln
Lakeway Highlands Ph 01 Sec 02
$865,000 $272 4 bd / 4 ba 3,182 sqft , 2026-07-08
608 Flamingo Cv
Lakeway Sec 31
$850,000 $300 3 bd / 3 ba 2,832 sqft , 2026-08-07
107 Cascading Waters Pl
Rough Hollow- Lake Ridge
$849,000 $282 4 bd / 4 ba 3,008 sqft , 2026-01-28
19426 Fisher Ln
Hidden Hills 01
$950,000 $498 3 bd / 3 ba 1,908 sqft , 2026-05-07

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
$4,296/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
$179,000
20% conventional investment loan

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

Estimated Gross Rent+$4,296
Principal + Interest−$4,884
Property Tax (~2.1% TX avg)−$1,566
Insurance (~0.5%)−$373
Est. Monthly Cash Flow $-2,527

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 September 21, 2026.

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