205 Olivia Dr, Lakeway, TX 78738
What This Townhouse Offers
Wow! This Rough Hollow home is a definite must see on top of the hill overlooking Lake Travis. The contemporary home boasts three bedrooms, four bathrooms, a large theater room, and office room all overlooking the city. It features modern stainless... steel built-in appliances, quartz countertops, and an open-concept design with 10-foot ceilings. The primary suite, located on the first floor along with the other bedrooms, is spacious and luxurious, with a large shower in the bathroom. Upstairs, there is 900 square feet of generous entertainment and relaxing space. Enjoy a peaceful and private backyard oasis with a covered patio and modern finishes. Located in the picturesque lakefront community of Rough Hollow Lakeway, this home offers an opportunity to immerse yourself in a truly remarkable lifestyle. The master-planned community offers a wide range of world-class amenities, including a yacht club and marina, lazy river pools, a playscape & amphitheater, an event pavilion, and a community restaurant and adult swim-up bar providing stunning views of the hill country and waterfront. The HOA includes access to a fully equipped gym + classes, tennis courts, basketball courts, volleyball courts, off leash dog parks, miles of trails and access to the Yacht Club & Marina. the maintenance and care of all yards (front & back), the driveways & walkways on the individual units, exterior pest treatment, fence maintenance and roof insurance. Conveniently situated just a 5-minute drive from Rough Hollow Elementary and Lake Travis Middle School, this new home provides the utmost convenience for families. The renowned Lake Travis Independent School District (LTISD), ranked #7 in Texas, ensures education excellence is within easy reach. Agent/Office Info
- $3,900 / month
- 3 Beds
- 4 Baths
- 2,599 sq. ft.
- Available Aug 1
Townhome Features
- Carpet
- Dishwasher
- Disposal
- Hardwood Floors
- Tile Floors
205 Olivia Dr Townhome is located in Lakeway, Texas in the 78738 zip code.
Rental Fees and Pet Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
No Pets Allowed
Townhome Details
Views
- Views
Home Design
- Built in 2023
- Townhome
- Slab Foundation
Interior Spaces
- Bay Window
- Gas Fireplace
- 2599 Sq Ft Home
- 2-Story Property
Kitchen
- Free-Standing Gas Range
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
- Carpet
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 4 Bathrooms
- 3 Bedrooms | 4 Bathrooms
Laundry
- Washer and Dryer
Parking
- Assigned Parking
- 2 Car Garage
Outdoor Features
- Covered patio or porch
Lot Details
- 7396 Sq Ft Lot
- Wrought Iron Fence
- East Facing Home
Schools
- Rough Hollow Elementary School
- Lake Travis Middle School
- Lake Travis High School
Utilities
- Central Air
- Propane
- Electricity Available
- Water Available
- Private Sewer
- Public Sewer
Listing and Financial Details
- Security Deposit $3,900
- Negotiable Lease Term
- Application Fee
- Assessor Parcel Number 205 Olivia Dr
- Tax Block 58
- Tenant pays for all utilities
Community Details
Overview
- 41 Units
- Property managed by Sparkz Property Management LLC
Amenities
- Clubhouse
Recreation
- Trails
- Dog Park
Pet Policy
- Small pets allowed
- Pet Deposit $300
Security
- 24-Hour Security
Explore Commute Options
- Drive Time--
- Walk Time--
- Bike Ride Time--
- Public Transit--
Get In Touch
Lakeway, TX 78738

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. ABoR, ACTRIS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property listing is offered without respect to any protected classes in accordance with the law. Copyright © 2025.
Neighborhood Scores
Local Education
Primary and Secondary Schools
Serene Hills Elementary School
Grades PK-5
Public
Abercorn International School
Grades PK-6
Private
Lake Travis Middle
Grades 6-8
Public
The Magnolia School
Grades PK-8
Private
Lake Travis High School
Grades 9-12
Public
Appamada School
Grades K-12
Private
Data provided by GreatSchools.org 2024 © 2024. All rights reserved.

Colleges and Universities
School
Commute Time (Distance)
Austin C.C., Pinnacle Campus
Drive: 24 min (14.9 mi)
Concordia University Texas
Drive: 28 min (15 mi)
Discover Lakeway, Lakeway, TX
Airports
Living in Lakeway provides easy access to Austin-Bergstrom International, located just 50 minutes from 205 Olivia Dr Townhome.
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