$599,999
4 bd · 4 ba · 2,422 sqft
306 Olivia Dr #125, Austin, TX 78738
306 Olivia Dr #125, Austin, TX 78738 is a 4-bedroom, 4-bathroom condominium listed at $599,999 ($248/sqft). 2,422 sqft. Built in 2022. Located in Lakeway, Austin TX. Priced 12% below the Lakeway median of $282/sqft. MLS #1351475. Listed by Realty One Group Prosper.
Property Overview
Perched in The Vineyards of Rough Hollow, 306 Olivia Drive presents a rare lakeside sanctuary that balances resort-style living with genuine seclusion. This 2022-built villa spans 2,422 square feet across four bedrooms and four baths on a peaceful Lakeway cul-de-sac, where no through traffic preserves the tranquility that defines this coveted community. Soaring vaulted ceilings flood the open-concept living spaces with natural light, while the chef's kitchen anchors entertaining with quartz countertops and generous cabinetry flowing seamlessly into the family room.
The flexible fourth bedroom adapts to today's evolving needs as home office, media room, or bonus space, accommodating whatever life demands. Hill Country views frame the property's hillside setting, positioning residents within minutes of Lake Travis marina access, championship golf courses, and waterfront dining that characterize Lakeway's resort lifestyle. Priced at $599,999, this property sits fourteen percent below the area's median price per square foot, offering exceptional value in one of Austin's most sought-after communities.
Vox Real Estate Insight
The Vineyards of Rough Hollow delivers the resort amenities and Hill Country vistas that drive strong demand in Lakeway, and this villa's pricing advantage reflects genuine market opportunity for buyers seeking that elevated lifestyle. Vox Residential recognizes that properties with flexible floor plans and privacy in this neighborhood command attention, particularly when they hit the market with this kind of pricing positioning.
Agent Description
Welcome to a beautifully appointed luxury villa nestled in The Vineyards of Rough Hollow, one of Lakeway's most coveted resort-style communities. Tucked away on a quiet cul-de-sac off Tiki Way, this exceptional home offers a rare combination of privacy, tranquility, and breathtaking Hill Country views. With no through traffic Olivia Drive creates a peaceful, secluded atmosphere that feels worlds away from the everyday. Spanning 2,422 sq ft, this spacious home features 4 bedrooms, 3 full baths, and 1 half bath, with a flexible floor plan designed for today's lifestyle. The 4th bedroom adapts effortlessly as a home office, media room, workout space, or bonus room to accommodate whatever your life demands. Step inside to enjoy soaring vaulted ceilings, abundant natural light, and an open-concept design made for entertaining. The chef's kitchen serves as the heart of the home, showcasing quartz countertops, generous wooden cabinetry, and a seamless flow into the family room. The private primary suite delivers a true spa-like retreat, complete with a generous walk-in shower. Upstairs, a secondary bedroom features its own ensuite bath with walk-in shower and a private balcony, the perfect perch for morning coffee with sweeping Hill Country views as your backdrop. Additional highlights include a 2-car attached garage and effortless low-maintenance living with access to world-class Rough Hollow amenities: multiple resort pools including an adult pool, family pool, lazy river, and negative-edge pool at Canyon Grille; complimentary kayak rentals at Rough Hollow Marina; playground, dog park, basketball court, tennis and pickleball courts; a full fitness center; and miles of scenic hike & bike trails that give you an unmatched Lake Travis lifestyle at your doorstep. Luxury, privacy, and resort-style living await at The Vineyards of Rough Hollow.
Neighborhood: Lakeway
This property is located in Lakeway, Austin, TX. The area is known for Lake Travis Living, Marina Access, Golf Courses, Waterfront Dining, Resort Lifestyle.
At $248/sqft, this listing is priced 12% below the Lakeway median of $282/sqft.
Property Details
| Property Type | Condominium |
| Year Built | 2022 |
| Bedrooms | 4 |
| Bathrooms | 4 |
| Living Area | 2,422 sqft |
| Lot Size | 8,503 sqft |
| Price / Sqft | $248 |
| Stories | Two |
| Condition | Resale |
| Unit Style | 1st Floor Entry, Multi-level Floor Plan |
| Subdivision | Vineyard at Rough Hollow |
| County | Travis |
| MLS Area | LS |
| Listed | Jul 1, 2026 |
| MLS # | 1351475 |
| Listed By | Realty One Group Prosper |
Interior
| Flooring | Carpet, Tile |
| Appliances | Built-In Electric Oven, Dishwasher, Disposal, Exhaust Fan, Microwave, Propane Cooktop, Self Cleaning Oven |
| Interior Features | Two Primary Baths, Two Primary Suties, Ceiling Fan(s), Ceiling-High, Quartz Counters, Double Vanity, Eat-in Kitchen, Kitchen Island, Multiple Living Areas, Primary Bedroom on Main, Recessed Lighting, Storage, Walk-In Closet(s) |
| Windows | Double Pane Windows |
| Fireplaces | 1 (Gas Log, Gas Starter, Glass Doors, Living Room) |
| Laundry | Inside, Laundry Room, Main Level |
| Main-Level Bedrooms | 1 |
Systems & Utilities
| Cooling | Ceiling Fan(s), Central Air |
| Heating | Central, Fireplace(s) |
| Utilities | Cable Connected, Electricity Connected, High Speed Internet, Propane, Sewer Connected, Water Connected |
| Water Source | MUD |
| Sewer | MUD |
Exterior & Lot
| Construction | Brick, Masonry – All Sides, Stone, Stucco |
| Roof | Composition, Shingle |
| Foundation | Slab |
| Exterior Features | Balcony, Gutters Full, Private Yard |
| Patio & Porch | Covered, Front Porch, Patio, Rear Porch |
| Fencing | Back Yard, Wrought Iron |
| Lot Features | Back Yard, Few Trees, Landscaped, Sprinkler - Automatic, Sprinklers In Rear, Sprinklers In Front, Sprinklers On Side, Views |
| View | Hill Country, Neighborhood |
| Faces | North |
Parking
| Parking Spaces | 4 |
| Garage Spaces | 2 |
| Parking Features | Attached, Driveway, Garage, Garage Door Opener, Garage Faces Front |
Community & HOA
| HOA | Yes |
| HOA Name | Rough Hollow |
| HOA Fee | $550 / Monthly |
| Fee Includes | Common Area Maintenance, Insurance, Landscaping, Maintenance Grounds, Maintenance Structure |
| Community Features | Clubhouse, Cluster Mailbox, Common Grounds, Controlled Access, Dog Park, Fitness Center, Lake, Lock and Leave, Park, Planned Social Activities, Playground, Pool, Property Manager On-Site, Restaurant, Sidewalks, Sport Court(s)/Facility, Street Lights, Tennis Court(s), Trash Pickup - Door to Door, Trail(s) |
| Security | Security System Owned |
Assigned Schools
| Elementary | Serene Hills |
| Middle | Lake Travis |
| High | Lake Travis |
| District | Lake Travis ISD |
Taxes & Legal
| Tax Year | 2026 |
| Annual Tax | $12,776 |
| Assessed Value | $580,608 |
| Parcel # | 01358617730000 |
| Legal Description | VINEYARD AT ROUGH HOLLOW CONDOMINIUMS BLD 66 UNT 125 PLUS 0.7142 % INT IN COM AREA |
| FEMA Flood Plain | No |
| In ETJ | No |
| Disclosures | MUD, Seller Disclosure |
| Listing Conditions | Standard |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 306 Olivia Dr #125, Austin, TX 78738?
This property is listed at $599,999, which is $248 per square foot. That is 12% below the Lakeway area median of $282/sqft.
How many bedrooms and bathrooms does 306 Olivia Dr #125, Austin, TX 78738 have?
This home has 4 bedrooms and 4 bathrooms, with 2,422 square feet of living space.
When was 306 Olivia Dr #125, Austin, TX 78738 built?
This property was built in 2022, making it 4 years old.
What neighborhood is 306 Olivia Dr #125, Austin, TX 78738 in?
This property is in Lakeway, Austin, TX. The area is known for lake travis living, marina access, golf courses.
How long has 306 Olivia Dr #125, Austin, TX 78738 been on the market?
This listing has been on the market for 42 days.
What type of property is 306 Olivia Dr #125, Austin, TX 78738?
This is a Condominium on a 8,502.91 sqft lot.