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$599,999

306 Olivia Dr # 125, Austin, TX, 78738

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,422 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$247.73 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Microwave, Oven
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Private Yard
Lot Size8,503 sqft

Building Information

Year Built2022
Stories2
Roof Type105
Garage Spaces2

Land Information

APN01358617730000
SubdivisionVineyard At Rough Hollow Condominiums
Land UseResidential
Legal DescriptionVINEYARD AT ROUGH HOLLOW CONDOMINIUMS BLD 66 UNT 125 PLUS 0.7142 % INT IN COM AREA
Census Tract035400
Assessed Land Value$55,269
Assessed Improvement Value$525,339
Assessment Year2025

About this property

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.

Investor Tools

$401,287Estimated Mortgage Balance
$223,081Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,738 /month
Positive
Cash Flow Estimate:
$1,246 /month

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Kathryn Stredwick

First Texas Brokerage Company

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,027/month
$459/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,207
$580,608
2025
$55,269
$525,339
$580,608
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,207
$580,608

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lennar Mortgage Llc
Conventional
$423,200
No
First
Jul 28, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$401,287
$342,713
46%
64%
$2,538/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,610/mo
$2,997/mo
$-387/mo
5.0%

Learn About the Market: Opportunity in Austin

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Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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306 Olivia Dr # 125 | Property Details | No Agent List