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ActiveMLS #9418996

701 Echelon PL, Lakeway TX 78738

Lakeway, TX 78738 · Rough Hollow

Single Family Residence for sale in Rough Hollow

5Bedrooms
4Bathrooms
4,330Square Ft
0.38Acres
3Garage
2022Year Built
Price Reduced
1 / 35
$1,575,000$2,100,000

Overview

Property Description

VIDEO LINK: https://www.instagram.com/reel/DYDVn1HxZKi/?utm_source=ig_web_copy_link&igsh=MzRlODBiNWFlZA== Welcome to a fully realized luxury estate. Completed in April 2023 with over $600K in custom improvements, this home is a highly differentiated offering. On a premium corner lot backing to protected greenspace with canal access to Lake Travis, it delivers privacy and execution rarely achieved. Recreating this today would exceed $2M and require 12-24 months of construction. Interior Design & Experience: An elevated custom rock garden with an illuminated address marker sets the tone. Inside, the home reflects a fully integrated design vision. The living space is anchored by a 23-foot tiled fireplace with a custom mantle, floating shelving, and an indoor water feature. Entertain effortlessly at the custom wet bar featuring wine refrigeration and dimmable LEDs, illuminated by blown glass statement lighting. Supporting spaces include a dedicated media room, executive office, and custom closet systems. Resort-Level Outdoor Living: This is not a standard backyard upgrade; it is a meticulously engineered outdoor environment. A 45,000-gallon pool anchors the space with a 12-foot waterfall, 12-person raised spa, linear fire features, dual fire bowls, tanning ledge, and swim-up bar. A sunken pergola creates a seamless connection between guests and swimmers. Over $100,000 in landscape enhancements—including premium turf, welded steel planters, and 30+ trees—ensure total privacy. Technology & Engineering: Engineered for long-term performance, the property features a full-site drainage system and custom retaining walls to maximize usable space. Modern conveniences include motorized shades, a Tesla charger, Nest climate control, a solar Ring system, and a whole-home water softener. Community & Lifestyle: Zoned to Lake Travis ISD, enjoy Rough Hollow’s private yacht club, marina, fitness center, and resort pools. This is the finished result.

Financial Info
Price
$1,575,000
$ / Sqft
$364
HOA
Yes - Mandatory / $208 / Monthly
HOA Name
Rough Hollow HOA
HOA Includes
Common Area Maintenance
Tax Rate
2.84%
Est. Taxes
$25,296.54
Tax Year
2020
Exemptions
None
Legal Info
Address
701 Echelon PL
County
Travis
City
Lakeway
State
TX
Zip
78738
Subdivision
Rough Hollow
Legal Description
Lot 1, Blk C, Sec 6a Lakeway Highlands
Parcel
701 Echelon Pl
Interior Features
Floor
Carpet, Tile, Wood
Num Living
3
Dining
2
Kitchen
Kitchen Island
Appliances
Microwave, Double Oven, Propane Cooktop, Stainless Steel Appliance(s), Tankless Water Heater
Laundry
Main Level
Master Bed
Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Family Room, Gas Log
Interior Features
Bar, Coffered Ceiling(s), High Ceilings, Quartz Counters, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Open Floorplan, Primary Bedroom on Main, Smart Home, Walk-In Closet(s), Wet Bar, 24 Hour Security, Security Lights, Security System, Double Pane Windows, Low Emissivity Windows, Vinyl Windows
General Info
Beds
5 Total / 2 Main Level / 3 Other Level
Full / Half Baths
4 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
2022 / Resale
Square Feet
4,330 / Builder
Garages
3
Garage Desc
None
Foundation
Slab
Roof
Composition, Shingle
Construction
Stone, Stucco
Acres
0.38
Lot Description
Back to Park/Greenbelt, Back Yard, Corner Lot, Cul-De-Sac, Flag Lot, Pie Shaped Lot, Sprinkler - Automatic
Restrictions
None
Flood Plain
No
View
Hill Country
Water Access
No
Waterfront
No
Area
LS
Utility Info
Water
Municipal Utility District (MUD)
Sewer
Municipal Utility District (MUD)
Utilities
Electricity Connected, Propane, Sewer Connected, Water Connected
Heat
Central, Propane
A C
Central Air, Zoned
Exterior Features
Fence
None
Exterior Features
Balcony, Barbecue, Lighting, Pest Tubes in Walls, Private Yard, Covered, Rear Porch, Wrap Around
Pool On Property
Yes
Area Amenities
Clubhouse, Cluster Mailbox, Common Grounds, Fitness Center, Planned Social Activities, Pool, Property Manager On-Site, Tennis Court(s)

Price history

Days on market
−$525,000 (−25%)
$2,100,000 → $1,575,000
5
Price reductions
Active
Since Aug 20, 2026
Price trend
List priceApr 2026 → Sep 2026
Property history10 events
DateEventPriceChange
Sep 16, 2026Price Decrease$1,575,000−$24,995 (−1.6%)
Aug 20, 2026Price Decrease$1,599,995−$100,000 (−5.9%)
Aug 20, 2026Back On Market
Aug 12, 2026Hold
Jul 20, 2026Price Decrease$1,699,995−$100,005 (−5.6%)
Jun 18, 2026Price Decrease$1,800,000−$95,000 (−5%)
Jun 3, 2026Back On Market
May 17, 2026Hold
May 4, 2026Price Decrease$1,895,000−$205,000 (−9.8%)
Apr 27, 2026New Listing

Taxes

2026 Estimated Property Taxes

TCAD account 941560

Uses rates from the supplied 2026 TCAD package. The file does not identify adopted or proposed status.

2026 taxing entities, rates per $100, taxable values and estimated taxes
Taxing EntityRate per $100Taxable ValueEstimated Tax
CITY OF LAKEWAY0.169640$0$0.00
LAKE TRAVIS ISD1.039700$0$0.00
TRAVIS CO ESD NO 80.093015$0$0.00
TRAVIS CO MUD NO 130.307500$0$0.00
TRAVIS COUNTY0.375845$0$0.00
TRAVIS COUNTY HEALTHCARE DISTRICT0.118023$0$0.00
Ordinary property tax estimate2.103723$0.00

Informational estimate, not a tax bill or taxes paid. Exemptions and tax ceilings can make taxes differ from the combined rate multiplied by one taxable value. PID assessments and other special charges are excluded; collector coverage has not been established.

Source: Travis County

General Information
Owner
SPEARS BILLY & SHANNON
Legal
LOT 1 BLK C LAKEWAY HIGHLANDS PHS 3 SEC 6A AMD
Geo ID
prop:941560
Exemptions
Exemption Type
Homestead
Tax Summary
MLS estimated annual taxes
$25,296.54
MLS tax year
2020
Historical Tax Summary

Older years use the legacy CAD source and may differ from final bills. Annual estimates appear only when supplied by that source; rates and taxes paid are not included in these appraisal records.

YearLandImprovementsMarketAssessedAnnual Tax Estimate
2025$592,200$657,800$1,250,000$1,250,000—
Travis Central Appraisal District News

Source: Travis County

Schools

School Info
District
Lake Travis ISD
Elementary
Rough Hollow
Middle
Lake Travis
High
Lake Travis

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $1,575,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$11,385 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $11,385

Principal & interest
$7,964
Property taxes
$2,108
Homeowners insurance
$1,313

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$1,260,000$14,083$81,485$1,245,917
2$1,245,917$15,027$80,542$1,230,890
3$1,230,890$16,033$79,536$1,214,857
4$1,214,857$17,107$78,462$1,197,751
5$1,197,751$18,252$77,316$1,179,498
6$1,179,498$19,475$76,094$1,160,024
7$1,160,024$20,779$74,790$1,139,245
8$1,139,245$22,171$73,398$1,117,074
9$1,117,074$23,655$71,913$1,093,419
10$1,093,419$25,240$70,329$1,068,179
  • Year 1$1,245,917
    Principal paid
    $14,083
    Interest paid
    $81,485
    Starting balance
    $1,260,000
  • Year 2$1,230,890
    Principal paid
    $15,027
    Interest paid
    $80,542
    Starting balance
    $1,245,917
  • Year 3$1,214,857
    Principal paid
    $16,033
    Interest paid
    $79,536
    Starting balance
    $1,230,890
  • Year 4$1,197,751
    Principal paid
    $17,107
    Interest paid
    $78,462
    Starting balance
    $1,214,857
  • Year 5$1,179,498
    Principal paid
    $18,252
    Interest paid
    $77,316
    Starting balance
    $1,197,751
  • Year 6$1,160,024
    Principal paid
    $19,475
    Interest paid
    $76,094
    Starting balance
    $1,179,498
  • Year 7$1,139,245
    Principal paid
    $20,779
    Interest paid
    $74,790
    Starting balance
    $1,160,024
  • Year 8$1,117,074
    Principal paid
    $22,171
    Interest paid
    $73,398
    Starting balance
    $1,139,245
  • Year 9$1,093,419
    Principal paid
    $23,655
    Interest paid
    $71,913
    Starting balance
    $1,117,074
  • Year 10$1,068,179
    Principal paid
    $25,240
    Interest paid
    $70,329
    Starting balance
    $1,093,419
First 10 of 30 years

Nearby

Courtesy of Compass RE Texas, LLC · (512) 575-3644

Listings courtesy of ACTRIS as distributed by MLS GRID.