Market Overview for The Madrones

There are 1 active listings in The Madrones with a median list price of $849K and a median sold price of $793K.

Over the past 30 days, 0 homes have sold, with 2 sales in the past 12 months.

The average price per square foot is $209.

About The Madrones

The Madrones is a residential neighborhood within the Rough Hollow master-planned community in Lakeway, Texas, within the 78738 zip code in Travis County. The neighborhood is located off Rough Hollow Drive west of RR 620, approximately 20 miles west of downtown Austin. Rough Hollow spans over 2,300 acres along the southern shore of Lake Travis, and The Madrones section occupies a portion of the community's hillside terrain with views of the surrounding Hill Country landscape and the lake.

Homes in The Madrones typically range from $500,000 to $1,200,000 depending on square footage, lot position, and finishes. Properties include single-family homes of approximately 2,000 to 4,100 square feet with three to five bedrooms, two- to three-car garages, and one- and two-story floor plans. Construction materials include limestone, stucco, and standing-seam metal roofing consistent with Hill Country architecture. Many homes feature covered outdoor living areas, open-concept interiors, and elevated lots with views. The Rough Hollow HOA manages community amenities and enforces architectural guidelines, with monthly fees averaging approximately $160.

The Madrones is served by Lake Travis Independent School District. Students in the area are typically zoned to Rough Hollow Elementary School, Lake Travis Middle School, and Lake Travis High School. Rough Hollow Elementary opened in 2017 and serves grades pre-K through 5. Lake Travis Middle School enrolls students in grades 6 through 8. Lake Travis High School serves grades 9 through 12 with approximately 2,500 students and offers Advanced Placement courses, dual-credit programs, and career and technical education pathways. Lake Travis ISD operates approximately 11 campuses serving around 11,000 students across the district.

Commuters from The Madrones reach downtown Austin in approximately 25 to 35 minutes via RR 620 and Loop 360 or SH 71, depending on traffic. The Lakeway commercial corridor along RR 620 provides grocery, dining, and retail options within a 10-minute drive. H-E-B at the Hill Country Galleria on SH 71 is approximately 5 miles south, and Randalls in Lakeway is within 3 miles. The Rough Hollow community includes a yacht club and marina on Lake Travis, accessible to residents through HOA membership.

Living in The Madrones

The Madrones features single-family homes with limestone and stucco exteriors set along hillside streets within the Rough Hollow community. Lots are positioned on the community's elevated terrain, with many backing to natural areas featuring Ashe juniper, Texas oak, and prickly pear. Rough Hollow amenities available to residents include a yacht club and marina on Lake Travis, a fitness center, swimming pools, sport courts, and over 10 miles of hiking and biking trails throughout the development. The HOA manages community infrastructure, landscaping of common areas, and amenity operations, with monthly fees averaging approximately $160. Property tax rates fall under Travis County, City of Lakeway, and Lake Travis ISD jurisdictions.