701 Echelon PL, Lakeway, TX 78738
MLS #246203223 · Compass RE Texas, LLC · Oscar Draguicevich
About this home
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.
Property details
- Property type
- Residential · SingleFamilyResidence
- Status
- Active
- Year built
- 2022
- Full baths
- 4
- Lot size
- 0.382
- Subdivision
- Rough Hollow
- MLS area
- LS
- MLS #
- 246203223
Features
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
Exterior features
- Balcony
- Barbecue
- Lighting
- Pest Tubes in Walls
- Private Yard
Additional details
- Parking
- None
- Garage spaces
- 3
- Roof
- Composition, Shingle
- Foundation
- Slab
- HOA
- $208 / monthly
Location
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Schools
Assigned schools per the MLS.
- School district
- Lake Travis ISD
- Elementary
- Rough Hollow
- Middle
- Lake Travis
- High
- Lake Travis
Comparable homes near 701 Echelon PL
Similar homes currently for sale nearby, ranked by distance.
Getting around
- Downtown Austin
- 17.8 mi
- Austin-Bergstrom Airport
- 24 mi
Straight-line distance, not drive time.
Market insights
Compared with 481 active homes in ZIP 78738 · HomeLocating listings
At $1,575,000, this home is priced 62% above the $975,000 median across 481 active homes in ZIP 78738, including other homes in Rough Hollow.
Estimated monthly payment
Home price
$1,575,000
Down payment
20% ($315,000)
Loan details
30-yr fixed, 6.50%
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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.
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Listing courtesy of Compass RE Texas, LLC · Oscar Draguicevich
Listing data last updated Oct 2, 2026, 11:46 PM
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