Active Listing  ·  70 days on market

108 Living Reef Dr

Maxwell, TX 78656
$289,000
3 Bed 3 Bath 1,841 sqft $157/sqft Built 2021 0.16 acres 2-Car Garage Pool Hymeadow

Welcome to this stunning two-story home, perfectly nestled in the desirable and rapidly expanding Buda/Kyle area. Offering a brilliant blend of suburban tranquility and modern convenience, this property stands out with an oversized corner lot complete with a fully fenced backyard that is perfect for play and outdoor entertaining. Step inside to an airy, light-filled layout where a spacious entryway flows seamlessly into the main living areas. The heart of the home is the open-concept chef’s kitchen, boasting an expansive granite island with breakfast bar seating, rich espresso cabinetry, stainless steel appliances, a classic subway tile backsplash, and a dedicated breakfast nook. The thoughtful floor plan maximizes every square inch, dedicating the lower level to entertaining while keeping the upstairs private with three generous bedrooms and a versatile loft space. Homeowners enjoy an exceptional suite of lifestyle amenities just steps from their door. Spend your weekends cooling off at the community pool, challenging friends on the dedicated pickleball courts, or exploring the neighborhood's scenic walking trails and green spaces. Beyond the immediate neighborhood, the booming Buda/Kyle corridor provides seamless access to vibrant local dining, extensive retail centers, healthcare facilities, and highly rated Hays ISD schools. This exceptional property truly captures the essence of modern Texas living!

At $157/sqft, this home is 10% below the Maxwell active market average of $174/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

108 Living Reef Dr, Maxwell, TX 78656

Property Details

Price $289,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,841 sqft
Lot Size 0.16 acres (7,013.16 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Hymeadow
County Hays
Zip Code 78656
$/sqft $157/sqft
Days on Market ,
HOA $35/Monthly
Annual Tax Est. $5,694.21
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232640646
List Date June 5, 2026
Elementary School Hemphill
Middle School D J Red Simon
High School Lehman
School District ,

Luke Allen (TREC #788149) has deep knowledge of Maxwell and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · June 5, 2026 $299,000
Current ask $289,000
Reduced $10,000 (-3.3%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Maxwell

Comparable Listings Right Now

Homes currently for sale in Maxwell with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
406 Low Pasture Trl
Sunset Oaks Sec 1 Ph 2
$289,000 $184 4 bd / 2 ba 1,572 sqft , 2026-04-01
430 LOW PASTURE Trl
SUNSET OAKS
$289,000 $184 4 bd / 2 ba 1,572 sqft , 2026-04-01
212 Surrey Oaks None
Sunset Oaks Sec 1 Ph 2
$290,000 $184 4 bd / 2 ba 1,572 sqft , 2026-06-29
371 Low Pasture Trl
SUNSET OAKS
$284,500 $181 4 bd / 2 ba 1,572 sqft , 2026-04-28
196 Surrey Oaks None
Sunset Oaks Sec 1 Ph 2
$284,500 $181 4 bd / 2 ba 1,572 sqft , 2026-04-29

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$1,387/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$57,800
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$1,387
Principal + Interest−$1,577
Property Tax (~2.1% TX avg)−$506
Insurance (~0.5%)−$120
Est. Monthly Cash Flow $-816

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Maxwell, TX

Maxwell sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

More Luxury Homes in Maxwell

Loading…
View All Luxury Homes →
About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on August 11, 2026.

📞 (254) 718-2567 [email protected] More about Luke →