Active Listing  ·  119 days on market

306 Cartwheel Bnd #130

Austin, TX 78738
$550,000
4 Bed 4 Bath 2,022 sqft $272/sqft Built 2021 0.20 acres 2-Car Garage Pool The Vineyards at Rough Hollow

Welcome to modern lakeside living in the heart of Rough Hollow at Lake Travis!

This stunning 4-bedroom, 3.5-bath townhome/condo (approx. 2,022 sq ft, built in 2021) offers the perfect blend of contemporary style, low-maintenance luxury, and resort-style amenities in one of Austin’s most sought-after master-planned communities.

Step inside to discover an open-concept floor plan flooded with natural light, ideal for effortless entertaining and everyday living. The gourmet kitchen features sleek finishes, ample cabinetry, and a generous island—perfect for family meals or hosting friends. Spacious living areas flow seamlessly to private outdoor space, while the primary suite provides a peaceful retreat with spa-like bath. Upstairs or secondary bedrooms offer flexibility for a home office, guest quarters, or growing family. Premium Refrigerator, washer, and dryer are included!

Located in the vibrant Rough Hollow community along Lake Travis in the Lakeway area, this home places you just minutes from world-class recreation. Enjoy direct access to the Rough Hollow Yacht Club & Marina with boat slips, concierge services, fuel dock, and the Canyon Grille restaurant. Unwind at the resort-style negative-edge infinity pool overlooking the lake, or head to Highland Village for the lazy river, splash pad, zero-depth children’s pool, swim-up bar, fitness center, tennis/pickleball courts, amphitheater, dog park, and miles of hiking trails.

Rough Hollow delivers a true lock-and-leave lifestyle with top-rated Lake Travis ISD schools, proximity to Austin (just ~30 minutes to downtown), shopping, dining, and Hill Country adventures. Whether you're boating on Lake Travis, enjoying community events, or simply soaking in the Texas sunsets, this is lakeside living at its finest.

Don’t miss your opportunity to call this premium Rough Hollow address home. Schedule your private showing today and experience the “Rough Life” for yourself!

At $272/sqft, this home is 30% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

306 Cartwheel Bnd #130, Austin, TX 78738

Property Details

Price $550,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,022 sqft
Lot Size 0.20 acres (8,502.91 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision The Vineyards at Rough Hollow
County Travis
Zip Code 78738
$/sqft $272/sqft
Days on Market ,
HOA $550/Monthly
Annual Tax Est. $9,375.17
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225341872
List Date April 7, 2026
Elementary School Rough Hollow
Middle School Lake Travis
High School Lake Travis
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin 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 Austin

Comparable Listings Right Now

Homes currently for sale in Austin 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
8414 Bowling Green Dr #3
SHAMROCK AVENUE CONDOMINIUMS
$550,000 $354 3 bd / 3 ba 1,555 sqft , 2026-02-13
5308 Sendero Hills Pkwy
Meadows At Trinity Crossing Ph
$550,000 $255 3 bd / 3 ba 2,158 sqft , 2026-04-03
7302 Meadowood Dr
Vintage Hills
$550,000 $341 3 bd / 2 ba 1,613 sqft , 2026-03-20
2408 SHILOH Dr
Shiloh Ph 02 Sec 01 Amd
$550,000 $328 3 bd / 2 ba 1,679 sqft , 2026-05-04
2509 Redleaf Ln
Whispering Oaks 03
$550,000 $297 3 bd / 2 ba 1,852 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
$2,640/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
$110,000
20% conventional investment loan

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

Estimated Gross Rent+$2,640
Principal + Interest−$3,002
Property Tax (~2.1% TX avg)−$963
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,554

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 Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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