$599,999

beds

baths

half bath

2,422

square ft

306 Olivia Dr #125

Austin, Texas 78738

New / MLS #1351475 / Condo / Austin

Listing information updated 7/1/2026 at 7:07pm

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.

Full Features

Exterior Type:

Brick,Masonry - All Sides,Stone,Stucco

Beds Above Grade:

Cooling System:

Ceiling Fan(s), Central Air

Heating System:

Central, Fireplace(s)

Appliances:

Built-In Electric Oven, Dishwasher, Disposal, Exhaust Fan, Microwave, Propane Cooktop, Self Cleaning Oven

Main Level Primary Bedroom:

Yes

Fireplace:

Yes

Pool:

Age:

4 Years

Roof Type:

Composition,Shingle

Parking Type:

Attached,Driveway,Garage,Garage Door Opener,Garage Faces Front

Parking Spaces:

Garage:

Attached - 2 Car(s)

Water Front:

Water Features:

None

Square Feet:

2,422

Lot Size:

0.1952 Acres

Acreage:

0.1952

Internal 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), Double Pane Windows

External Features:

Balcony, Gutters Full, Private Yard, Covered, Front Porch, Patio, Rear Porch

Room Information

Kitchen:

Main

Primary Bedroom:

Main

Primary Bathroom:

Main

Laundry:

Main

Taxes & Assessments

Tax Amount:

$12,775

Tax Year:

2026

Assessments:

$550 / month

Location

Zip Code:

78738

City:

Austin

County:

Travis

Schools

School District(s):

Lake Travis ISD

Elementary School:

Serene Hills

Middle School:

Lake Travis

High School:

Lake Travis

Exterior Type:

Brick,Masonry - All Sides,Stone,Stucco

Beds Above Grade:

Cooling System:

Ceiling Fan(s), Central Air

Heating System:

Central, Fireplace(s)

Appliances:

Built-In Electric Oven, Dishwasher, Disposal, Exhaust Fan, Microwave, Propane Cooktop, Self Cleaning Oven

Main Level Primary Bedroom:

Yes

Fireplace:

Yes

Pool:

Age:

4 Years

Roof Type:

Composition,Shingle

Parking Type:

Attached,Driveway,Garage,Garage Door Opener,Garage Faces Front

Parking Spaces:

Garage:

Attached - 2 Car(s)

Water Front:

Water Features:

None

Square Feet:

2,422

Lot Size:

0.1952 Acres

Acreage:

0.1952

Internal Features:

External Features:

Balcony, Gutters Full, Private Yard, Covered, Front Porch, Patio, Rear Porch

Kitchen:

Main

Primary Bedroom:

Main

Primary Bathroom:

Main

Laundry:

Main

Tax Amount:

$12,775

Tax Year:

2026

Assessments:

$550 / month

Zip Code:

78738

City:

Austin

County:

Travis

School District(s):

Lake Travis ISD

Elementary School:

Serene Hills

Middle School:

Lake Travis

High School:

Lake Travis

Listing Office: Realty One Group Prosper

Agent Contact Information: (512) 431-3849

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Unlock MLS as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 7/1/2026 at 7:07pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.