Market Overview for Overlook Ridge

There are 2 active listings in Overlook Ridge with a median list price of $682K and a median sold price of $685K.

Over the past 30 days, 0 homes have sold, with 1 sales in the past 12 months.

The average price per square foot is $325.

About Overlook Ridge

Overlook Ridge is a residential enclave within the Rough Hollow master-planned community in Lakeway, Texas, located in the 78734 zip code within Travis County. The neighborhood sits along elevated terrain above the north shore of Lake Travis, approximately 20 miles west of downtown Austin. Rough Hollow covers over 1,600 acres along RR 620 and Highlands Boulevard, and Overlook Ridge occupies one of the higher elevation sections of the development, positioned above the community's marina and yacht club facilities. The City of Lakeway incorporated in 1974 and had approximately 15,000 residents as of the 2020 census.

Homes in Overlook Ridge typically range from $600,000 to over $1,200,000 depending on lot size, square footage, and elevation views. Properties consist of single-family residences ranging from 2,500 to 4,500 square feet on lots of 0.2 to 0.5 acres. Construction features include Hill Country stone and stucco exteriors, standing-seam metal accent roofing, and open floor plans with covered outdoor living areas. Many homes were built between 2010 and 2020 by regional builders including Taylor Morrison and Highland Homes. The Rough Hollow community includes a controlled-access entry, and homeowners pay HOA dues that cover community amenities.

Overlook Ridge is served by Lake Travis Independent School District. Students in the area typically attend Lake Travis Elementary School, which enrolls approximately 750 students in grades K through 5. The middle school feeder is Hudson Bend Middle School, serving grades 6 through 8 with roughly 800 students. Lake Travis High School enrolls over 2,900 students in grades 9 through 12 and has earned consistent TEA Accountability ratings. The high school offers Advanced Placement courses, dual-credit options, and UIL athletics programs that include state-level competitive teams.

Commuters from Overlook Ridge reach downtown Austin in approximately 30 to 40 minutes via RR 620 to Loop 360 or via TX-71 East. The Lakeway employment base includes medical offices, financial services, and retail along RR 620. The Hill Country Galleria, a 1.3-million-square-foot mixed-use center in Bee Cave, is approximately 5 miles south and includes major retail, dining, and office space. Lakeway Regional Medical Center is 3 miles north on RR 620. The Rough Hollow Yacht Club provides marina access with boat slips on Lake Travis.

Living in Overlook Ridge

Overlook Ridge homes sit on hilly lots with Hill Country terrain including Ashe juniper, Texas red oak, and sotol landscaping. The Rough Hollow HOA manages community amenities including the yacht club, marina with boat slips, a fitness center, large community swimming pool, and miles of internal hiking trails. HOA dues vary by section but typically range from $200 to $350 per month. Property tax rates fall under Travis County and Lake Travis ISD jurisdictions with combined rates near $1.75 per $100 of assessed valuation. The community includes a dog park, playgrounds, and multiple pocket parks connected by paved walking paths.