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
Market insights
Compared with 386 active homes in ZIP 78738 · HomeLocating listings
Estimated monthly payment
Our estimate — not a quote or MLS data. Adjust the assumptions below; actual costs vary by lender, credit, and exact tax/insurance.
Property tax is estimated from the local effective rate (~1.8% of price). Insurance is a rough estimate. Not a lending offer; contact a lender for exact figures.
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Listing courtesy of Compass RE Texas, LLC · Oscar Draguicevich
Listing data last updated Sep 2, 2026, 1:16 PM
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