Active Listing  ·  73 days on market

1304 Paxton Ln

Florence, TX 76527
$1,120,253
4 Bed 5 Bath 3,848 sqft $291/sqft Built 2026 1.03 acres 6-Car Garage Pool Feathergrass

New Construction | 1 Story | 3,848 Sq Ft | 4 Bed | 4.5 Bath | Study | Game Room | Flex Room | 6-Car Garage Insulated | Available Fall 2026 | The Garet is a beautiful thoughtfully-designed 1-story home offering 3,848 sq. ft. of functional living space with 4 bedrooms, 4.5 bathrooms, a dedicated study, an immersive game room, a versatile flex room, and two insulated 3-car garages, one on each side of the home. The primary bedroom has tray and beamed ceilings and a luxurious ensuite bathroom with separate vanities, a soaking tub, a walk-in shower, and a Texas-sized walk-in closet. There are three other secondary bedrooms, each with their own walk-in closet and full bathroom. The study includes French doors, a storage closet, and a half bathroom across the hall. The game and flex rooms sit next to each other just outside the kitchen. The family room features tray and beamed ceilings, a fireplace for added warmth and style, and French doors leading to the covered patio. The kitchen boasts double islands, abundant cabinetry, and a spacious pantry/prep kitchen. The dining area is on the other side of the kitchen.

At $291/sqft, this home is 52% below the Florence active market average of $612/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1304 Paxton Ln, Florence, TX 76527

Property Details

Price $1,120,253
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 3,848 sqft
Lot Size 1.03 acres (44,866.8 sqft)
Year Built 2026
Garage 6 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Feathergrass
County Williamson
Zip Code 76527
$/sqft $291/sqft
Days on Market ,
HOA $333/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245271837
List Date August 31, 2026
Elementary School Jo Ann Ford
Middle School Douglas Benold
High School Georgetown
School District Georgetown ISD

Georgetown ISD

Jo Ann Ford · Douglas Benold · Georgetown

Luke Allen (TREC #788149) has deep knowledge of Florence 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 · August 31, 2026 $1,067,613
Current ask $1,120,253
▲ Increased $52,640 (+4.9%) 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 Florence

Comparable Listings Right Now

Homes currently for sale in Florence 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
1405 Paxton Ln
Feathergrass
$1,110,273 $337 4 bd / 5 ba 3,299 sqft , 2026-08-07
201 Three Rivers Rd
Feathergrass
$1,059,985 $294 4 bd / 5 ba 3,609 sqft , 2026-09-10
1105 Bella Risa Dr
Mission Oaks Ph 2
$899,999 $312 4 bd / 3 ba 2,881 sqft , 2026-11-05
1412 Paxton Ln
FEATHERGRASS
$849,990 $191 5 bd / 5 ba 4,456 sqft , 2026-03-18
209 Winters Cv
FEATHERGRASS
$839,315 $203 4 bd / 4 ba 4,125 sqft , 2026-09-14

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
$5,377/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
$224,051
20% conventional investment loan

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

Estimated Gross Rent+$5,377
Principal + Interest−$6,114
Property Tax (assumed ~2.1%)−$1,960
Insurance (assumed ~0.5%)−$467
Est. Monthly Cash Flow $-3,164

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 Florence, TX

Florence 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 · 41 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. The written content was last updated on October 27, 2026.

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

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