Active Listing  ·  137 days on market

303 ROLLING GREEN Dr

Lakeway, TX 78734
$979,000
4 Bed 4 Bath 2,874 sqft $341/sqft Built 2008 0.27 acres 2-Car Garage Pool Lakeway Sec 22

Serene sophistication & relaxed elegance welcome you the moment you step into this meticulously maintained home. The resort-style backyard oasis features a stunning pool, extensive stonework, herb garden, stone flower beds, outdoor shower & spacious patio with a motorized awning, all surrounded by mature trees for exceptional privacy and ambiance. Backing to a peaceful greenbelt, the setting is truly extraordinary. The luxurious kitchen is a chef’s dream, showcasing high-end appliances, a large island with eat-in bar seating, granite countertops, abundant cabinetry, a coffee bar/workstation area & designer chandeliers. The primary suite is conveniently located on the main level, allowing the home to live like a single story, while secondary bedrooms, an office & additional living space are upstairs. Custom features throughout include designer lighting, rich designer finishes, solid wood doors and trim & grand fireplace. This exceptional home offers timeless style, thoughtful design, & impeccable attention to detail that discerning buyers will truly appreciate.

At $341/sqft, this home is priced 4% 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

303 ROLLING GREEN Dr, Lakeway, TX 78734

Property Details

Price $979,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,874 sqft
Lot Size 0.27 acres (11,791.69 sqft)
Year Built 2008
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lakeway Sec 22
County Travis
Zip Code 78734
$/sqft $341/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $14,789.77
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229229674
List Date May 9, 2026
Elementary School Lakeway
Middle School Hudson Bend
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
424 Belforte Ave #31
Villas At Tuscan Village Amd
$969,550 $278 4 bd / 4 ba 3,491 sqft , 2026-05-11
219 Varco Dr
Ridge At Alta Vista Resub
$947,000 $245 4 bd / 4 ba 3,866 sqft , 2026-05-22
91 Duck Lake Dr
Lakeway Sec 26-C Final
$939,000 $254 4 bd / 4 ba 3,704 sqft , 2026-05-07
15085 Dorothy Dr
Cardinal Hills Unit 05
$897,000 $280 3 bd / 4 ba 3,200 sqft , 2026-06-12
15087 Dorothy Dr
Cardinal Hills Unit 05
$881,000 $304 4 bd / 4 ba 2,900 sqft , 2026-06-12

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
$4,699/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
$195,800
20% conventional investment loan

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

Estimated Gross Rent+$4,699
Principal + Interest−$5,343
Property Tax (~2.1% TX avg)−$1,713
Insurance (~0.5%)−$408
Est. Monthly Cash Flow $-2,765

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 10, 2026.

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