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If the holes in the plaster are small, you can fill them with layers of patching plaster until they’re filled. After it dries, you can sand the plaster and paint over it. If the hole is much larger, consider using bonding plaster first and then a layer of patching plaster, completing the process with sanding and a layer of paint.

While certain types of textured walls can seem dated (looking at you, popcorn), textured walls are a common sight in both older and more modern homes. The main reason textured walls may be here to stay is that they are an excellent way to hide minor imperfections on a wall and give it a finished appearance. Some homeowners think a coat of paint on drywall is a bit industrial-looking. However, that look works perfectly in modern home design. 

You’ll get better results if you soundproof the whole wall. A hole through which light can pass can also let sound waves in. Acoustical or silicone sealant applied to holes and cracks can block enough sound to make a difference. However, the more layers absorb vibrations and slow or stop sound waves, the less noise you’ll have. 

If you're comfortable hanging drywall yourself, you may be comfortable finishing it. But it's worth noting that finishing drywall adds several steps to the process and a lot of waiting time. Hiring a drywall installer may be the way to go if you'd rather spend your time doing other things or are nervous about leaving a rough surface.