Active Listing  ·  16 days on market

138 Ivy Psge

Maxwell, TX 78656
$301,500
4 Bed 3 Bath 2,107 sqft $143/sqft Built 2026 0.12 acres 2-Car Garage Pool New Construction Hymeadow

Welcome home to 138 Ivy Passage located in the beautiful Hymeadow community. This two-story new construction home was designed with elevated style and everyday comfort in mind. Inside the home’s interior is bright and welcoming, you’ll see modern finishes such as wood-look vinyl flooring through the main living spaces and natural light that fills every corner of the home. The open-concept kitchen boasts a center island, Miami White Silestone countertops, 42-inch upper cabinets, and sleek black appliances with a gas range. A mud and utility room can be found just off the garage, making laundry a more swift and organized experience. Retire to the primary suite where you’ll find a walk-in closet, walk-in shower, and a semi-private water closet. Enjoy other amazing highlights such as walk-in closets in the secondary bedrooms and Silestone bathroom vanities.

Enjoy the Hymeadow community set in Maxwell, just off I-35 near Kyle. With community amenities like pickleball and basketball courts, a resort-style swimming pool, and easy access to San Marcos River fun, shopping, and Texas wineries, Hill Country living is made easy.

At $143/sqft, this home is 18% 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

138 Ivy Psge, Maxwell, TX 78656

Property Details

Price $301,500
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,107 sqft
Lot Size 0.12 acres (5,227.2 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Hymeadow
County Hays
Zip Code 78656
$/sqft $143/sqft
Days on Market ,
HOA $35/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT241602441
List Date July 29, 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 →

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
428 Gabbro Gdns
Sunset Oaks Sec 4 Ph 1A
$299,995 $151 4 bd / 3 ba 1,984 sqft , 2026-04-09
532 Aplite Pass
Sunset Oaks Sec 1 Ph 2
$299,900 $190 3 bd / 2 ba 1,580 sqft , 2026-08-04
316 Geode Gln
Sunset Oaks Sec 4 Ph 1A
$299,000 $153 4 bd / 3 ba 1,950 sqft , 2026-04-24
441 Low Pasture Trl
SUNSET OAKS
$304,500 $161 5 bd / 3 ba 1,892 sqft , 2026-04-27
172 Surrey Oaks None
Sunset Oaks
$304,500 $161 4 bd / 3 ba 1,892 sqft , 2026-06-04

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
$1,447/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
$60,300
20% conventional investment loan

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

Estimated Gross Rent+$1,447
Principal + Interest−$1,645
Property Tax (~2.1% TX avg)−$528
Insurance (~0.5%)−$126
Est. Monthly Cash Flow $-852

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

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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 30, 2026.

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