Active Listing  ·  6 days on market

320 Bisset Ct

Lakeway, TX 78738
$1,695,000
5 Bed 6 Bath 4,383 sqft $387/sqft Built 2013 0.31 acres 3-Car Garage Pool Rough Hollow Sec 1 Amdlt1-6,11

The Art of Hill Country Living in Rough Hollow. Privately set behind a gated courtyard, this Mediterranean-inspired residence pairs Hill Country architecture with a sophisticated sensibility. Crafted by Wes People Homes, the nearly 4,400-square-foot home is defined by rich materials, dramatic volumes, natural light and a strong connection to the landscape.

The two-story living room rises beneath vaulted, beamed ceilings, anchored by a stone fireplace and built-in entertainment center, while oversized windows frame distant Hill Country views. The gourmet kitchen features an expansive island, dual-oven Wolf range with custom hood and GE Cafe refrigerator.

The private main-level primary suite offers a generous walk-in closet and spa-like bath with dual vanities, soaking tub and oversized shower. Two additional bedroom suites each have private baths, while a separate casita with a private courtyard entrance and full bath provides an elegant guest retreat or home office.

Upstairs, a sleek media room with dedicated bar, versatile bonus space, private bedroom and full bath add another dimension to the home.

Then the landscape takes over. Tiered grounds beneath mature trees surround a custom pool and spa with waterfall and an enchanting pathway crossing the water. A stone staircase leads to a wood-and-stone pergola with built-in refrigerator, weatherproof TV enclosure and grill provisions. A private putting green completes the retreat.

A side-facing two-car garage plus third bay, oversized driveway, extensive storage and custom built-ins add everyday ease.

Rough Hollow residents enjoy a private yacht club and marina, resort pools, fitness center, sports courts, trails and Lake Travis ISD schools; the Hill Country Galleria and Highway 71 are minutes away.

Some properties are impressive. Others have presence. Contact the listing agent to schedule your tour today.

At $387/sqft, this home is priced 18% 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

320 Bisset Ct, Lakeway, TX 78738

Property Details

Price $1,695,000
Status Active Listing
Beds 5
Full Baths 5
Half Baths 1
Living Area 4,383 sqft
Lot Size 0.31 acres (13,590.72 sqft)
Year Built 2013
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Rough Hollow Sec 1 Amdlt1-6,11
County Travis
Zip Code 78738
$/sqft $387/sqft
Days on Market ,
HOA $87.5/Monthly
Annual Tax Est. $31,473.15
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246908234
List Date September 17, 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
109 Bisset Ct
Rough Hollow
$1,699,000 $322 4 bd / 5 ba 5,282 sqft , 2026-08-01
109 Bella Colinas Dr
Lakeway Highlands Rough Hollow
$1,575,000 $392 4 bd / 4 ba 4,013 sqft , 2026-04-24
108 Aruba Ct
Rough Hollow Sec 10 Resub Of L
$1,500,000 $354 5 bd / 5 ba 4,239 sqft , 2026-05-08
501 Black Wolf Run
Flintrock At Hurst Creek Ph 04
$1,500,000 $425 5 bd / 4 ba 3,530 sqft , 2026-08-08
203 Martinique Pass
Rough Hollow Sec 10
$1,499,000 $372 5 bd / 4 ba 4,027 sqft , 2026-08-18

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
$8,136/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
$339,000
20% conventional investment loan

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

Estimated Gross Rent+$8,136
Principal + Interest−$9,250
Property Tax (~2.1% TX avg)−$2,966
Insurance (~0.5%)−$706
Est. Monthly Cash Flow $-4,786

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 20, 2026.

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