Active Listing  ·  62 days on market

11111 Elm St

Jonestown, TX 78645
$549,000
3 Bed 3 Bath 2,209 sqft $249/sqft Built 2024 0.12 acres 2-Car Garage Pool Jonestown Hills

Discover a like-new custom home where quality, style, and durability converge to create an exceptional living experience. This beautifully finished residence boasts an open floor plan, allowing for seamless transitions between living spaces, complemented by abundant natural light that illuminates every corner. Upscale finishes throughout elevate the aesthetic, offering a sophisticated backdrop for both daily life and memorable gatherings. With four spacious bedrooms and two full bathrooms spread across two stories, comfort and convenience are paramount within its 2252 square feet of living area. Thoughtfully designed, this home provides an ideal environment for relaxation and entertainment. Nestled in the vibrant and growing community of Jonestown, residents will appreciate the serene surroundings and easy access to local amenities. Enjoy proximity to the sparkling waters of Lake Travis, offering endless opportunities for recreation and leisure. The scenic hill country views provide a picturesque backdrop, enhancing the tranquil atmosphere. Explore nearby parks and a diverse array of restaurants, adding to the lifestyle appeal. Furthermore, the property offers an easy commute to Austin, balancing peaceful suburban living with urban accessibility, all situated on a generous 0.12-acre lot.

At $249/sqft, this home is 26% 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

11111 Elm St, Jonestown, TX 78645

Property Details

Price $549,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,209 sqft
Lot Size 0.12 acres (5,401.44 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Jonestown Hills
County Travis
Zip Code 78645
$/sqft $249/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $583
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241033479
List Date July 23, 2026
Elementary School CC Mason
Middle School Running Brushy
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.

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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
11103 3rd St
Jonestown Hills
$574,900 $267 3 bd / 3 ba 2,153 sqft , 2026-05-15
18716 W Lakeview Dr
Jonestown Hills
$639,000 $256 4 bd / 4 ba 2,500 sqft , 2026-04-27
10903 Elm St
Jonestown Hills
$419,000 $260 3 bd / 3 ba 1,614 sqft , 2026-05-29
18206 Fair Ln
Jonestown Hills
$679,000 $275 3 bd / 4 ba 2,470 sqft , 2026-08-14

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
$2,635/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
$109,800
20% conventional investment loan

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

Estimated Gross Rent+$2,635
Principal + Interest−$2,996
Property Tax (~2.1% TX avg)−$961
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,551

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 July 26, 2026.

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