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Lakeway · Rough Hollow, The Highlands

$1,550,000 15 days on market

206 Majestic Arroyo Way, Lakeway, TX 78738

  • 4bedrooms
  • 5.5bathrooms
  • 4,160sqft
  • 0.34acres
  • 2019year built

About this home

Perched atop one of the highest points in Rough Hollow, this exceptional hilltop estate captures breathtaking panoramic views that stretch for miles. Thoughtfully designed with an incredible floorplan and upscale finishes throughout, this home brings luxury, functionality, and resort-style living to you. The main level features two bedrooms plus a dedicated office, offering flexibility for everyday living, while upstairs includes two private ensuite bedrooms, a spacious secondary living area, and a full bar complete with sink, refrigerator, and ice maker—perfect for entertaining or private space for guests. Step out onto the expansive balcony and take in the sweeping views that define this remarkable property. Every bedroom is ensuite with its own private bath, complemented by an additional half bath for guests. The heart of the home is the stunning living room with soaring two-story ceilings, flowing effortlessly into a chef’s kitchen with high-end finishes, a large island, and a walk-in pantry. A wine cellar in the formal dining room adds an elegant touch, while a convenient mud drop zone near the garage enhances daily function. The outdoor spaces are nothing short of spectacular. Enjoy a resort-style pool accompanied by a fully equipped pool house featuring a full bath, living area, and kitchenette—allowing for effortless entertaining without ever needing to return to the main home. The backyard also offers a large covered patio with fireplace, outdoor kitchen, and a separate fire pit area down below for gathering under the stars. Additional highlights include a tile roof, 3-car tandem garage, and a private courtyard entry, all contributing to the home’s impressive appeal and timeless design. This is luxury hill country living at its finest—where views, design, and lifestyle come together in perfect harmony.

Property

Type
Single Family Residence
Levels
Two
Year built
2019
Lot size
0.34 acres
Subdivision
Rough Hollow, The Highlands
MLS #
ACT9621449

Inside

Bedrooms
4
Bathrooms
5.5
Living area
4,160 sqft
Fireplaces
3

Outside / parking

Garage spaces
3
Pool
Yes — private

Schools

Elementary
Serene Hills
High school
Lake Travis
District
Lake Travis ISD

Costs

HOA
$850 / semi-annually
Est. annual taxes
$27,253 (2025)

Listing

First listed
Apr 23, 2026
Days listed
15
Status
Active

Listed by Amy Seely, The Seely Group · [email protected] · MLS# ACT9621449 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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