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605 Schickel TER, Lakeway, TX 78738

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For Sale

$3,898,000

4 beds • 5 baths • 5,862 sqft

Estimated Payment

$ 22,136 /mo. †

6.76% APR for 30 yrs.
$22,675 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $664.96
    Price per square foot

  • New Construction
    Age

  • Fireplace
    Heating System

Explore this Property

Home construction will not begin until the buyer is identified, pricing is based on attached plans. Buyer can also purchase the lot by itself for $899,000 and choose their own Builder if desired. Experience the pinnacle of luxurious living at the Peninsula at Rough Hollow. Nestled on a prime corner lot atop a scenic hilltop, this remarkable home site offers a level building area with sweeping hill country views and the stunning landscapes of Rough Hollow. This is your chance to create the home of your dreams in an extraordinary setting. The Peninsula at Rough Hollow provides an exclusive blend of privacy and convenience, with gated and guarded security ensuring peace of mind. Ideally located just minutes from the Rough Hollow Marina and Grille, the vibrant shopping and dining hubs of Lakeway and Bee Cave, and highly acclaimed schools Rough Hollow Elementary, Lake Travis Middle School, and Lake Travis High this community offers an effortless lifestyle in a coveted location. Residents of Rough Hollow enjoy a host of world-class amenities, including an onsite marina and lakeside restaurant, four resort-style pools (featuring a lazy river, an adults-only retreat, and a pool with food and bar service), sports courts for tennis and basketball, bocce ball, a dog park, and play areas. With two pavilions, 23 miles of hiking and biking trails, and complimentary paddle boards, kayaks, and paddle boats, outdoor adventure is always within reach. An onsite activities director and HOA further enhance the experience of living in this vibrant community. With its spacious home sites and custom architecture, the Peninsula invites you to bring your vision to life. This is your opportunity to embrace the extraordinary and make your dream home a reality.
MLS# 5016291

Courtesy Of Compass RE Texas, LLC

(512) 575-3644

Property Features

  • Age
    New Construction
  • Architecture Style
    Other
  • Fireplace
    Fireplace
  • Heating System
    Fireplace
  • Lot Size
    0.64 Acres
  • Rooms
    Game Room, Kitchen
  • View Type
    Canyon, Hills, Panorama, Park

Map and Directions

Directions to 605 Schickel TER, Lakeway, TX 78738

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $20,247
  • Property Taxes
    $1,889
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $22,136

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Rough Hollow Elementary School

Grades KG-5 Public School

Spicewood, TX 78669 1 miles
4219 bee creek rd

726 total students
17:1 Student teacher ratio

School Rating: A

School Details

Lake Travis Middle School

Grades 6-8 Public School

Spicewood, TX 78669 2 miles
4932 bee creek rd

879 total students
17:1 Student teacher ratio

School Rating: A

School Details

Lake Travis High School

Grades 9-12 Public School

Austin, TX 78738 3.8 miles
3324 ranch road 620 s

3558 total students
19:1 Student teacher ratio

School Rating: A-

School Details
Other Nearby Schools Distance Type Grades School Rating
Acton Imprimis Lake Travis 1.5 miles Private 1-5
Serene Hills Elementary School 1.5 miles Public PK-5 A+
Lakeway Elementary School 2.5 miles Public KG-5 A-
Lupine Lane 3.7 miles Private PK-TKG
Bee Cave Middle School 3.7 miles Public 6-8 A
Lake Travis Elementary School 4.2 miles Public PK-5 B-
West Cypress Hills Elementary School 4.2 miles Public KG-5 B-
The Magnolia School 4.5 miles Private PK-8
Bee Cave Elementary School 4.7 miles Public KG-5 A
The Preparatory School Of Bee Cave 4.8 miles Private KG
Hudson Bend Middle School 5.2 miles Public 6-8 B+
Primrose School Of Bee Cave 6.1 miles Private PK-KG

Acton Imprimis Lake Travis

Distance: 1.5 miles

Type Private

Grades: 1-5

Serene Hills Elementary School

Distance: 1.5 miles

Type Public

Grades: PK-5

A+

Lakeway Elementary School

Distance: 2.5 miles

Type Public

Grades: KG-5

A-

Lupine Lane

Distance: 3.7 miles

Type Private

Grades: PK-TKG

Bee Cave Middle School

Distance: 3.7 miles

Type Public

Grades: 6-8

A

Lake Travis Elementary School

Distance: 4.2 miles

Type Public

Grades: PK-5

B-

West Cypress Hills Elementary School

Distance: 4.2 miles

Type Public

Grades: KG-5

B-

The Magnolia School

Distance: 4.5 miles

Type Private

Grades: PK-8

Bee Cave Elementary School

Distance: 4.7 miles

Type Public

Grades: KG-5

A

The Preparatory School Of Bee Cave

Distance: 4.8 miles

Type Private

Grades: KG

Hudson Bend Middle School

Distance: 5.2 miles

Type Public

Grades: 6-8

B+

Primrose School Of Bee Cave

Distance: 6.1 miles

Type Private

Grades: PK-KG

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Lakeway, TX 78738

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Lakeway, TX 78738

This community’s employment is highest in the administrative support and sales industries. The area’s overall household expenses are above the national average.

96° August
Hottest Average Month
37° January
Coldest Average Month
9,582 Total Households in Area
4% Increase in population since the year 2010
39.3%
of households
have children
19 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Lakeway, TX 78738

Lakeway, TX 78738 has a population of 25,632 people in 9,582 households with a median age of 43.8 years old.

4%
Increase in population
since the year 2010
Population is Trending up
9,253
Total households as of 2010
6.5%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 43.8 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 73%
Asian 11%
Hispanic 11%
Other 2%
Black 2%
Native American <1%
The most prevalent ethnicity is White at 73%, followed by Asian at 11%, Hispanic at 11%, and Other at 2%.

Economics
for Lakeway, TX 78738

683 /sq mi
Population Density
$150,131 /yr
Median Household Income
$848,351
Median Sales Price
19 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Over $200k representing 34.6% of the households.

Transportation to Work

  • Drive 62%
  • Work from Home 35%
  • Walk or Bike 2%
  • Public Transit 0%

Occupancy by Type

Owned 7,302 71%
Rented 2,280 22%
Vacant 638 6%

White vs Blue Collar Jobs







White Collar 96%
Blue Collar 4%

Family & Education Facts
for Lakeway, TX 78738

43.8 Median Age

Average Household Size

2.7
persons per
household

68%

Married Households

Community Population By Education

Bachelors Degree 46%
Graduate Degree 27%
Some College 15%
High School Graduate 6%
Associates Degree 4%
Some High School 1%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 46.29% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
39.3% of households have children

Weather
for Lakeway, TX 78738

The weather for this area ranges from a high of 96° F in August to a low of 37° F in January

96° August
Hottest Average Month
37° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
37°
61°
Feb
40°
64°
Mar
47°
72°
Apr
55°
80°
May
63°
86°
Jun
69°
92°
Jul
72°
95°
Aug
71°
96°
Sep
66°
90°
Oct
56°
81°
Nov
46°
70°
Dec
39°
62°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Lakeway, TX 78738!
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Copyright © 2025 UnlockMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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