About This Home

New Construction modern tree house. Nestled in the woods. Stained concrete floors downstairs. Well appointed modern finishes. Leather granite counter tops and butcher block Island. Stainless appliances. 2 bedrooms upstairs with an office or optional flex room. Walking distance to the Lucky Rabbit to enjoy good food, drinks and live music. Close to Lake Travis access. Leander ISD.

At $279/sqft, this home is 17% 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

10918 Ridgeway St, Jonestown, TX 78645

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Property Details

Price $379,900

Status Active Listing

Beds 2

Full Baths 2

Half Baths 1

Living Area 1,361 sqft

Lot Size 0.17 acres (7,483.61 sqft)

Year Built 2026

Garage 1 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Jonestown Hills

County Travis

Zip Code 78645

$/sqft $279/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $7,647.24

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT227545909

List Date April 24, 2026

Elementary School CC Mason

Middle School Running Brushy

High School Cedar Park

School District ,

Have Questions About This Property?

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.

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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 · April 24, 2026 $399,000

Previous ask $389,900

Current ask $379,900

▼ Reduced $19,100 (-4.8%) 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

10903 Elm St
Jonestown Hills $419,000 $260 3 bd / 3 ba 1,614 sqft , 2026-05-29

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

$1,824/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

$75,980

20% conventional investment loan

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

Estimated Gross Rent+$1,824

Principal + Interest−$2,073

Property Tax (~2.1% TX avg)−$665

Insurance (~0.5%)−$158

Est. Monthly Cash Flow $-1,072

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

About the Author

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 17, 2026.

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

10918 Ridgeway St