Active Listing  ·  97 days on market

1405 Paxton Ln

Florence, TX 76527
$1,110,273
4 Bed 5 Bath 3,299 sqft $337/sqft Built 2026 1.15 acres 3-Car Garage Pool Feathergrass

New Construction | 1 Story | 3,299 Sq Ft | 4 Beds | 4.5 Baths | Study | Game Room | 3 Car Garage | Available Fall 2026 |

The Reese is a beautifully designed 3,299 sq. ft. single-story home that seamlessly blends elegance and functionality. With 4 bedrooms, 4.5 bathrooms, a game room, a study, and a covered outdoor living area, this home is built for both comfort and entertaining. A 3.5-car garage provides ample space for parking and storage.

The kitchen is a chef’s dream, featuring a large island overlooking the family room and a prep kitchen conveniently tucked inside the pantry for extra storage and organization.

The primary suite is a serene retreat, offering a spa-inspired wet room with a soaking tub and shower, along with a walk-in closet that includes space for a washer/dryer and direct access to the utility room.

Each secondary bedroom includes its own walk-in closet and full bathroom, ensuring privacy and convenience for family and guests.

The game room opens to the back patio, creating an ideal space for entertaining and relaxation.

A fireplace in the family room or outdoor living area for added warmth and ambiance.

Designed for modern living, The Reese offers a perfect blend of luxury, comfort, and flexibility to fit your lifestyle. Welcome home!

At $337/sqft, this home is 45% 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

1405 Paxton Ln, Florence, TX 76527

Property Details

Price $1,110,273
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 3,299 sqft
Lot Size 1.15 acres (50,250.82 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Feathergrass
County Williamson
Zip Code 76527
$/sqft $337/sqft
Days on Market ,
HOA $333/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242747970
List Date August 7, 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 7, 2026 $1,110,273
Previous ask $1,120,273
Current ask $1,110,273
▲ Increased , (+0.0%) 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
1304 Paxton Ln
Feathergrass
$1,120,253 $291 4 bd / 5 ba 3,848 sqft , 2026-08-31
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
209 Winters Cv
FEATHERGRASS
$839,315 $203 4 bd / 4 ba 4,125 sqft , 2026-09-14
204 Three Rivers Rd
FEATHERGRASS
$799,545 $219 4 bd / 4 ba 3,658 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
$5,329/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
$222,055
20% conventional investment loan

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

Estimated Gross Rent+$5,329
Principal + Interest−$6,059
Property Tax (assumed ~2.1%)−$1,943
Insurance (assumed ~0.5%)−$463
Est. Monthly Cash Flow $-3,136

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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