Active Listing  ·  117 days on market

10903 Elm St

Jonestown, TX 78645
$419,000
3 Bed 3 Bath 1,614 sqft $260/sqft Built 2023 0.11 acres 2-Car Garage Pool Jonestown Hills

Experience the best of Lake Travis and Hill Country living in this beautifully designed custom home in the heart of Jonestown. Located less than a mile from Lake Travis with community lake access and resident amenities, this home offers the perfect combination of outdoor recreation, modern comfort, and everyday convenience.

Enjoy a truly walkable lifestyle with local restaurants, coffee shops, and neighborhood bars just a short stroll away—an uncommon feature in many Hill Country communities.

Inside, the 3-bedroom, 2.5-bath home features a bright open-concept floorplan filled with natural light, seamlessly connecting the living, dining, and kitchen areas for easy everyday living and entertaining. Thoughtful design, modern finishes, and smart-home technology enhance both comfort and functionality.

Designed for today’s lifestyle, the home includes smart appliances, app-controlled climate management, smart garage and front-door access, and a comprehensive Ring security camera system providing coverage around the entire property.

Upstairs, a spacious covered patio offers the perfect setting for morning coffee, sunset views, or entertaining guests year-round. The private backyard provides space to relax, garden, or create your own outdoor retreat, while the two-car garage offers added convenience and storage.

Whether you’re searching for a primary residence, weekend escape, or investment opportunity, this home delivers a rare blend of modern technology, walkability, and easy access to everything Lake Travis and the Texas Hill Country have to offer.

At $260/sqft, this home is 22% below the Jonestown active market average of $335/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

10903 Elm St, Jonestown, TX 78645

Property Details

Price $419,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,614 sqft
Lot Size 0.11 acres (4,678.34 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Jonestown Hills
County Travis
Zip Code 78645
$/sqft $260/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,214.91
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231857616
List Date May 29, 2026
Elementary School CC Mason
Middle School Cedar Park
High School Cedar Park
School District ,

Luke Allen (TREC #788149) has deep knowledge of Jonestown 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 · May 29, 2026 $449,000
Previous ask $439,000
Current ask $419,000
Reduced $30,000 (-6.7%) 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 Jonestown

Comparable Listings Right Now

Homes currently for sale in Jonestown 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
10918 Ridgeway St
Jonestown Hills
$379,900 $279 2 bd / 3 ba 1,361 sqft , 2026-04-24
11004 Elm St
Jonestown Hills Unit 3
$280,000 $197 3 bd / 2 ba 1,420 sqft , 2026-08-28

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
$2,011/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
$83,800
20% conventional investment loan

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

Estimated Gross Rent+$2,011
Principal + Interest−$2,287
Property Tax (~2.1% TX avg)−$733
Insurance (~0.5%)−$175
Est. Monthly Cash Flow $-1,184

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 Jonestown, TX

Jonestown 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

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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 September 1, 2026.

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