Active Listing  ·  102 days on market

18303 Lake Oaks Dr

Jonestown, TX 78645
$779,000
4 Bed 4 Bath 2,968 sqft $262/sqft Built 2026 0.16 acres 2-Car Garage Pool New Construction Jonestown Hills

Modern Hill Country Retreat — New Construction by Bobbitt Builders

Tucked among mature trees just moments from Lake Travis, this brand-new 4-bedroom, 3.5-bath modern masterpiece offers 2,986 square feet of refined living in the heart of the Texas Hill Country. Designed with clean lines and elevated finishes throughout, this home is a study in contemporary luxury.

A dramatic two-story entry welcomes you with soaring high ceilings, polished concrete floors, and warm wood accents that set the tone for the home’s modern-organic aesthetic. The open-concept main level living and dining area is anchored by a cozy gas fireplace and designer finishes, creating an effortless flow ideal for entertaining.

The chef’s kitchen is finished with sleek quartz countertops, custom cabinetry, and striking specialty tile accents, complemented throughout the home by elegant brass detailing that adds a touch of understated glamour.

Upstairs, rich wood flooring leads to a spacious open living area along with a private home office — the perfect setup for remote work with a view. A junior suite on this level offers flexibility for guests, multigenerational living, or a secondary primary.

Surrounded by towering trees and just a short drive to Lake Travis, this home blends modern design with the natural beauty of the Hill Country — a rare opportunity to own new construction in one of Austin’s most coveted lake communities.

At $262/sqft, this home is 22% 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

18303 Lake Oaks Dr, Jonestown, TX 78645

Property Details

Price $779,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,968 sqft
Lot Size 0.16 acres (6,825.85 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Jonestown Hills
County Travis
Zip Code 78645
$/sqft $262/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,265.07
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT235966154
List Date June 12, 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.

Schedule a Call →

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 · June 12, 2026 $799,000
Previous ask $789,000
Current ask $779,000
Reduced $20,000 (-2.5%) 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
18305 Lake Oaks Dr
Jonestown Hills
$769,000 $263 4 bd / 4 ba 2,920 sqft , 2026-03-06
11005 Beach Rd
Valle Verde Beach
$760,000 $260 4 bd / 4 ba 2,924 sqft , 2026-03-20
18405 Georgetown Dr
Terrace Plaza
$749,000 $251 4 bd / 4 ba 2,980 sqft , 2026-07-25
18206 Fair Ln
Jonestown Hills
$679,000 $275 3 bd / 4 ba 2,470 sqft , 2026-08-14
18716 W Lakeview Dr
Jonestown Hills
$639,000 $256 4 bd / 4 ba 2,500 sqft , 2026-04-27

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
$3,739/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
$155,800
20% conventional investment loan

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

Estimated Gross Rent+$3,739
Principal + Interest−$4,251
Property Tax (~2.1% TX avg)−$1,363
Insurance (~0.5%)−$325
Est. Monthly Cash Flow $-2,200

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 September 12, 2026.

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