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$1,450,000

NAL Estimated Property Value

413 Mercer Falls Rd, Lakeway, TX, 78738

SoldInfo
6/16/26
Beds5 Beds
Baths4 Bath
Baths4,222 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$346.99 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt In Gas Oven, Built In Gas Range, Dishwasher, Microwave, Range Hood, Stainless Steel Appliances
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Private Yard
Lot Size13,878 sqft

Building Information

Year Built2019
Stories2
Roof Type105
Garage Spaces3

Land Information

APN01339012060000
Lot Number12
SubdivisionLakeway Highlands Phs 3 Sec 1 Amd
Land UseResidential
Legal DescriptionLOT 12 BLK A LAKEWAY HIGHLANDS PHS 3 SEC 1 AMD
Census Tract035400
Assessed Land Value$502,875
Assessed Improvement Value$641,558
Assessment Year2025

About this property

Exceptional design & effortless elegance converge in this refined Rough Hollow residence, privately tucked within a quiet cul-de-sac and framed by sweeping canyon vistas and glimpses of Lake Travis. Thoughtfully curated for both everyday living & elevated entertaining, the home offers four spacious bedrooms, multiple living areas, a dedicated study, & a three-car garage. From the moment you enter, natural light & wide-plank white oak flooring set a warm, sophisticated tone, complemented by thoughtfully selected upgraded designer lighting throughout. The main level unfolds with an open-concept design centered around a sleek, modern fireplace, seamlessly connecting the living, dining, & kitchen spaces. The chef’s kitchen is both functional and striking, anchored by a premium Wolf range & designed for gathering. A tranquil primary suite serves as a true retreat, where panoramic views create a serene backdrop. The spacious & spa-inspired bath is understated luxury, featuring dual vanities, a sculptural Victoria + Albert limestone soaking tub, an expansive walk-in shower, dual closets. Upstairs, additional bedrooms & a secondary living space (which could be a fifth bedroom) offer flexibility for guests or family. A private balcony captures breathtaking canyon & Lake Travis views—an ideal setting for golden hour sunsets. Outdoors, the experience continues with a beautifully landscaped backyard designed for both relaxation & play, featuring an oversized heated plunge pool & a dedicated lawn area—perfect for entertaining or enjoying the outdoors year-round. Set within the highly sought-after Rough Hollow community & zoned to acclaimed Lake Travis ISD, residents enjoy access to an unparalleled collection of amenities, including a private yacht club & marina, lakeside dining, multiple pools, a state-of-the-art fitness center, miles of scenic trails, & vibrant social spaces. Rough Hollow is known for its resort-style amenities, including pools, marina, sport courts, & parks.

Investor Tools

Property Icon
$1,450,000
Estimated Property Value
$1,001,819Estimated Mortgage Balance
$448,181Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,790 /month
Positive
Cash Flow Estimate:
$2,930 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,107/month
$815/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,033
$1,081,895
2025
$502,875
$641,558
$1,144,433
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,033
$1,081,895

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Regions Bank
Conventional
$750,000
No
First
Jun 5, 2020
Nov 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,001,819
$448,181
30%
69%
$6,596/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$7,411/mo
$-4,391/mo
2.5%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lakeway

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413 Mercer Falls Rd | Property Details | No Agent List