Active Listing  ·  38 days on market

805 Brooks Hollow Rd

Lakeway, TX 78734
$3,900,000
5 Bed 4 Bath 6,749 sqft $578/sqft Built 1999 4.47 acres 16-Car Garage Pool Waterfront Gilbert J

Set on 4.47 private acres in the heart of Lakeway, 805 Brooks Hollow is a waterfront estate where scale and craftsmanship meet a private serene escape. An electronic gate opens to a landscaped drive to grounds of lush gardens, beautiful landscaping and mature oaks, as you drive to the home.

Inside, rich wood floors, a grand entry, and open, flowing spaces set a tone of quiet sophistication. The gourmet kitchen is a chef's dream — Wolf cooktop, multiple ovens, and two additional ovens in the garage for large-scale entertaining. The open-concept living areas are bathed in natural light and blend seamlessly into the outdoors.

The floor plan lives easily. The first floor features multiple living and dining areas, a luxurious primary suite with spa-like bath, an additional bedroom/office, a climate-controlled wine room, two additional downstairs bedrooms sharing a Jack-and-Jill bath, laundry room, a powder bath and access to the first of 4 garages. Upstairs, two more bedrooms with a Jack-and-Jill bath plus a large family/media room. An addition brought a motorcourt and a spacious guest suite with en suite bath, gym, and private office and two additional 4 car garages, totaling 8 more parking spaces.

Outdoors, an expansive patio, two resort-style pools with waterfall and hot tub, and a full outdoor kitchen create the backdrop for unforgettable gatherings — or complete tranquility. Covered parking for 16 vehicles spans multiple garages, including an RV barn with 15' remote power doors.

VIEWS of Lake Travis & PRIVATE COVE!At the water,an oversized boathouse accommodates 2 boat lifts, 4 jet skies, a storage room,toy rack, kitchenette topped by a second-level diving & cable-swing deck.

Zoned to LTISD and only 15 drive to the Hill Country Galleria and access to 620 with grocery stores, restaurants, and all the amenities nearby. Commuter routes nearby! Privacy, elegance, and direct access to everything Lake Travis has to offer — one of Lakeway's most prestigious estates.

At $578/sqft, this home is priced 77% 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

805 Brooks Hollow Rd, Lakeway, TX 78734

Property Details

Price $3,900,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths 1
Living Area 6,749 sqft
Lot Size 4.47 acres (194,713.2 sqft)
Year Built 1999
Garage 16 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Gilbert J
County Travis
Zip Code 78734
$/sqft $578/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $66,530.9
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT243665469
List Date August 16, 2026
Elementary School Serene Hills
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.

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
614 Robin Dale Dr
Lakeway Sec 29
$3,349,000 $672 5 bd / 6 ba 4,980 sqft , 2026-05-26
909 Brooks Hollow Rd
Jasper Gilbert Surv # 544 Abs
$4,495,000 $899 4 bd / 4 ba 5,000 sqft , 2026-08-21
16118 Clara Van St
San Casciano
$2,949,000 $519 5 bd / 6 ba 5,680 sqft , 2026-05-01

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
$18,720/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
$780,000
20% conventional investment loan

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

Estimated Gross Rent+$18,720
Principal + Interest−$21,284
Property Tax (~2.1% TX avg)−$6,825
Insurance (~0.5%)−$1,625
Est. Monthly Cash Flow $-11,014

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 August 30, 2026.

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