●Overlook RidgeHomes for Sale

Market Overview for Overlook Ridge

There are 2 active listings in Overlook Ridge with a median list price of $707K and a median sold price of $685K.

Homes average 62 days on market.

Over the past 30 days, 0 homes have sold, with 3 sales in the past 12 months.

The average price per square foot is $275.

About Overlook Ridge

Overlook Ridge is a residential enclave within the Rough Hollow master-planned community in Lakeway, Texas, located in the 78738 zip code within Travis County. The neighborhood sits along elevated terrain above the south shore of Lake Travis, approximately 20 miles west of downtown Austin. Rough Hollow covers approximately 1,800 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 as a village in June 1974 and had 19,189 residents at the 2020 census.

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. Current listing counts and median price are shown on the Market Overview tab.

Overlook Ridge is served by Lake Travis Independent School District. Students in the area typically attend Serene Hills Elementary or Lake Travis Elementary; Lake Travis Elementary enrolled 691 students in 2025-26. The middle school feeder is Lake Travis Middle School, which enrolled 1,013 students in grades 6 through 8 in 2025-26. Lake Travis High School enrolled 3,427 students in 2025-26 in grades 9 through 12, and Lake Travis ISD earned an A rating (91 of 100) in TEA's 2026 accountability release. 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. Baylor Scott & White Medical Center – Lakeway 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.

Daily life in Overlook Ridge involves access to Lake Travis for boating, kayaking, and swimming at the Rough Hollow marina and ramp. The H-E-B grocery at Lakeway is approximately 3 miles north on RR 620, alongside restaurants, banks, and medical offices. The Hill Country Galleria in Bee Cave, roughly 5 miles south, provides additional shopping and dining with over 80 tenants including specialty retailers and sit-down restaurants. Pace Bend Park, a 1,368-acre Travis County park on Lake Travis, is approximately 10 miles west and offers swimming, camping, and rock climbing. Hamilton Pool Preserve, a natural swimming hole managed by Travis County, is roughly 20 miles southwest via TX-71 and Hamilton Pool Road.

Things to Do in Overlook Ridge

• Rough Hollow Yacht Club and Marina: Community marina on Lake Travis with boat slips, kayak launch, swimming pool, and fitness center. Access included with Rough Hollow HOA membership.
• Pace Bend Park: 1,368-acre Travis County park on Lake Travis approximately 10 miles west. Offers swimming, cliff areas, camping, and hiking. Day-use fee approximately $10 per vehicle.
• Hamilton Pool Preserve: Natural swimming hole and grotto managed by Travis County, roughly 20 miles southwest. Reservations required during peak season. Day-use fee approximately $12 per vehicle.
• Lakeway Activity Center: City of Lakeway recreation facility on Lakeway Drive with fitness equipment, group exercise classes, and a seasonal outdoor pool. Membership required.
• Lake Travis Zipline Adventures: Zipline course on the shores of Lake Travis approximately 8 miles west, featuring five lines over canyons and waterways.

Major Employers in Overlook Ridge

• Baylor Scott & White Medical Center – Lakeway (Healthcare): Full-service hospital at 100 Medical Parkway off RR 620 approximately 3 miles north, with 106 licensed beds.
• NXP Semiconductors (Technology): Semiconductor manufacturer with Austin campus employing over 1,800 workers, approximately 25 miles east via TX-71.
• Hill Country Galleria (Retail / Mixed-Use): 1.3-million-square-foot retail and office center in Bee Cave approximately 5 miles south, employing hundreds across 80+ tenants.
• Apple (Technology): 133-acre campus in northwest Austin with over 5,000 employees, approximately 20 miles northeast via Loop 360.

Overlook Ridge Schools

Overlook Ridge is served by Lake Travis ISD. Students typically attend Serene Hills Elementary or Lake Travis Elementary for elementary school, Lake Travis Middle School for middle school, and Lake Travis High School for high school.

School District: Lake Travis ISD

Public Schools

Pre-Schools

• Primrose School of Lakeway - Accredited early education center on RR 620 serving infants through pre-K with structured curriculum.
• Lake Travis Montessori - Montessori program in the Lakeway area serving ages 18 months through 6 years with mixed-age classrooms.

Private Schools

• Summit Academy of Texas - Independent school in the Lake Travis area serving grades K-8 with small class sizes and individualized instruction.

Higher Education

• Austin Community College - Pinnacle Campus - Two-year college campus approximately 12 miles east offering associate degrees and workforce training programs.

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