Nestled within the prestigious Lakeway community along the shimmering shores of Lake Travis, Waters Edge at Rough Hollow stands as a beacon of luxurious lakeside living. This exclusive waterfront neighborhood isn’t just a place to live; it’s an experience meticulously designed for those who value elegance, sophistication, and convenience. Home to the 2008 Parade of Homes, many Waters Edge homes were designed to show off the most impressive, custom features. Waterfront lots have 95′-125′ of Lake Travis shoreline, while other lots have sweeping views of Lake Travis. Those who don’t have Lake Travis access from their properties can store their boats at the Rough Hollow Marina, which is only minutes from the neighborhood. Waters Edge is ideal for the person looking for waterfront, but doesn’t want to sacrifice the amenities you wouldn’t get in a smaller neighborhood. If you’ve been dreaming of a home where every detail exudes class, this Waters Edge at Rough Hollow neighborhood guide will give you a closer look. Scroll Down to Read Our Waters Edge at Rough Hollow Neighborhood Guide.
Waters Edge at Rough Hollow Homes for Sale
Waters Edge at Rough Hollow Neighborhood Map
Waters Edge at Rough Hollow is tucked away on the waterfront side of Rough Hollow. To get to Waters Edge at Rough Hollow, take 620 to Lakeway Blvd and head west. Make a left on Highlands Blvd. Make a right on Rough Hollow Drive. Make a left on Canyon Turn Trail. Waters Edge at Rough Hollow is shaded in blue on the map below. Explore other Rough Hollow neighborhoods in our Rough Hollow Neighborhood Guide.
What Does the Neighborhood Look Like?
The picturesque Waters Edge at Rough Hollow blends modern luxury with the natural beauty of Texas Hill Country. With a combination of waterfront properties and homes boasting sweeping lake views, every corner of this neighborhood radiates charm.
The lots here range from 0.34 to a spacious 2 acres, giving properties a mix of coziness and grandeur. Streets are lined with custom-built homes, meticulously designed by renowned builders such as Bella Vita Custom Homes, Copperleaf Property Group, Jenkins Custom Homes, and more. Each home is distinct, offering bespoke architectural styles from classic Mediterranean to sleek modern designs.
Adding to the exclusivity, many homes are privately gated, ensuring privacy and peace. Mature trees, manicured lawns, and stunning vistas complete the aesthetic, making every drive through Waters Edge feel like a retreat.

The Luxury Homes of Waters Edge at Rough Hollow
Home is where every detail matters, and Waters Edge delivers. These properties boast expansive footprints ranging from 4,000 to 9,075 square feet, making them ideal for entertaining while maintaining intimate comfort. Most homes feature:
- Bedrooms and Bathrooms: Between 4 to 7 bedrooms complemented by 4 to 8 bathrooms, offering ample space for personalization.
- Private Pools: Every home includes a private pool, perfect for enjoying warm Texas summers in style.
- Garages: Spacious 3- to 4-car garages accommodate vehicles, plus room for extras like golf carts or seasonal gear.
- Waterfront and Views: Select properties back onto Lake Travis, while others provide hillside views of its sparkling waters.
Inside, no two homes are alike, but you can expect premium finishes, such as chef-grade kitchens, statement fireplaces, and luxe primary suites with spa-style bathrooms. Outdoor spaces boast heated infinity pools, covered patios, and kitchens for al fresco dining.
What’s It Like Living in Waters Edge at Rough Hollow?
Life at Waters Edge is synonymous with elevated living. Residents enjoy easy access to the Rough Hollow Yacht Club and Marina, located just minutes from their doorsteps. This means spontaneous lake outings, stunning sunsets on the water, and endless opportunities for watersports. Whether kayaking, paddleboarding, or boating, Lake Travis is your backyard playground.
Beyond the water, the neighborhood fosters an active lifestyle. Highland Village, the Rough Hollow community center, offers pools, a lazy river, sport courts, and even a dog park. It’s the perfect hub for socializing or unwinding.
Residents also benefit from the tight-knit, welcoming vibe of Lakeway. While every home provides unmatched privacy, the community brings people together with year-round events and activities.

Neighborhood Amenities that Make a Difference
Waters Edge residents have access to premier Rough Hollow amenities, including:
- The Rough Hollow Yacht Club & Marina A private marina with boat slips, luxury watercraft rentals, and paddleboards.
- Highland Village A resort-style community hub with pools, a lazy river, and sports courts.
- Event Pavilion Perfect for gatherings, the pavilion includes a catering kitchen and scenic views.
- Fitness Facilities From a lakeside fitness center to organized classes and trails, staying active has never been easier.
Why Luxury Home Buyers Choose Waters Edge at Rough Hollow
What makes Waters Edge at Rough Hollow so attractive to discerning buyers? It’s the seamless blend of nature, luxury, and convenience. Here, residents aren’t just buying a house; they’re investing in an upscale lifestyle. Key reasons buyers are drawn to this neighborhood include:
- Lakefront Living Few communities offer direct access to Lake Travis paired with curated luxury amenities.
- Privacy and Exclusivity With gated homes and sprawling properties, Waters Edge promises both seclusion and sophistication.
- Proximity to Austin A quick 30-minute drive puts downtown Austin’s vibrant scene within reach, making this neighborhood ideal for those who want tranquility without sacrificing proximity.
- Award-Winning Schools Situated within the Lake Travis Independent School District, residents can access some of the best-rated schools in Texas.

The Commute and Local Conveniences
Living at Waters Edge doesn’t mean giving up urban conveniences. The neighborhood is just:
- 30 minutes to downtown Austin.
- 10 minutes to Lakeway Regional Medical Center.
- A short drive from H-E-B grocery stores and Galleria shopping.
Whether you work in Austin or remotely, this community’s strategic location makes commuting seamless. Scroll down to continue reading our Waters Edge at Rough Hollow neighborhood guide.
Waters Edge Property Tax Rate
The property tax rate in Lakeway’s Waters Edge Rough Hollow neighborhood is 2.3904% as of the 2024 tax year. It was 2.0299% as of the 2023 tax year, down from 2.2092% as of the 2022 tax year. The property tax rate was 2.3923% as of the 2021 tax year.
Waters Edge Schools
Kids who live in Lakeway’s Waters Edge neighborhood are served by the Lake Travis ISD and will likely attend the following schools:
- Serene Hills Elementary - 7/10
- Lake Travis Middle - 9/10
- Lake Travis High - 9/10
School ratings reflect Great Schools ratings as of June 2025. Ratings are subject to change at any time. Please verify ratings and boundaries with the school district.
Waters Edge Photos
















Waters Edge Rough Hollow Sold Data – What Waters Edge Rough Hollow Homes Actually Sold For
What sold recently in Waters Edge Rough Hollow and for how much? Where can I find pictures of homes that actually sold? How many days does it take to sell a home in Waters Edge Rough Hollow? How many homes are currently for sale in Waters Edge Rough Hollow? What’s the median sold price in Waters Edge Rough Hollow? What does the 90 day historic market trend look like in Waters Edge Rough Hollow? How’s the Waters Edge Rough Hollow market trending?
All of these questions (and more!) can be answered on our Waters Edge Rough Hollow Sold Data Report.
Best Coffee Spots to Work and Recharge
For those who want to work or relax outside their homes, these nearby coffee spots deliver the perfect blend of ambiance and excellent brew:
- Winston’s More than your average coffee spot, Winston’s offers artisanal coffee, provisions, and even savory pizza.
- MorninGlory A boutique coffee shop with cozy seating and friendly vibes for you to sip and stay productive.
- Summer Moon Coffee Known for its signature “Moon Milk,” Summer Moon is a popular stop for a caffeine boost.
- Starbucks A reliable staple located just a short drive away in Lakeway.
Restaurants and Bars Worth Visiting
Treat your taste buds to the vibrant dining scene near Rough Hollow. Locals love:
- Canyon Grille Located at the Yacht Club, this spot boasts spectacular lake views and a menu filled with Texan-inspired favorites.
- TR Restaurant & Bar + Lounge Upscale, refined, and perfect for a special evening out.
- The Gramercy A chic yet casual eatery ideal for brunch or cocktails.
- SP Brazilian Steakhouse For an indulgent dining experience with expertly prepared meats.
- Lakeway Speakeasy & Cigar Bar A hidden gem offering craft cocktails and premium cigars.

Staying Active in and Around Waters Edge
An active lifestyle is easily achieved here, whether you’re working out inside or enjoying the great outdoors:
- Home Fitness Many homes include private gyms for your convenience.
- Local Classes Check out the Rough Hollow Amenity Center for group fitness options.
- Commercial Gyms Lakeway Elite Fitness and Club Pilates are other excellent options in the area.
- The Outdoors Enjoy scenic hiking, biking, or yoga on the picturesque lakeside trails in and around Rough Hollow.
Explore the Best of Waters Edge at Rough Hollow
If you’re in the market for a luxury home that combines waterfront living with a masterfully curated community, Waters Edge is unmatched. From its architectural elegance to its abundant amenities and stunning surroundings, this neighborhood epitomizes luxurious Lake Travis living.
Interested in making Waters Edge your next home? Connect with our Waters Edge at Rough Hollow Buyer’s Agents today for insider insights and property tours. Your next chapter of lakeside luxury awaits!
Lakeway Realtor Specializing in Waters Edge Homes

Rebecca Jacks and Raymond Stoklosa are Lakeway Realtors specializing in Waters Edge at Rough Hollow homes. Whether you’re looking to buy or sell a home in Waters Edge at Rough Hollow, Rebecca and Raymond know the area well and have the experience and tools necessary to make your next real estate transaction stress free. For more info about who we are and how we work, check out Buying a Home in Waters Edge at Rough Hollow and Selling a Home in Waters Edge at Rough Hollow.
