Active Listing  ·  201 days on market

18305 Lake Oaks Dr

Jonestown, TX 78645
$769,000
4 Bed 4 Bath 2,920 sqft $263/sqft Built 2026 0.16 acres 2-Car Garage Pool New Construction Jonestown Hills

Architecturally distinctive modern Hill Country home with mid-century influence located in the lakeside community of Jonestown near Lake Travis. Designed by Fazio Architects and built by Bobbitt Builders, this thoughtfully crafted residence features dramatic rooflines, expansive windows, and a striking mix of brick, siding, cedar accents, and standing seam metal roofing.

A slimline steel and glass entry door opens to a light-filled interior with soaring ceilings and Bobbitt Builders’ signature polished concrete floors throughout the main level. The living room is centered around a floor-to-ceiling fireplace and framed by large architectural windows that capture views of mature oak trees.

The kitchen offers custom cabinetry, quartz countertops, stainless steel appliances including a gas range and drawer microwave, and a two-tone design highlighted by a warm wood peninsula that creates an inviting space for gathering and entertaining.

The main-level primary suite includes a spacious walk-in closet and a bathroom featuring dual vanities, a soaking tub, and a walk-in shower with dual showerheads and independent controls. A large laundry room with built-in cabinetry and bench seating functions as a convenient mudroom entry from the garage. A powder bath is also located on the main level.

Upstairs, engineered hardwood floors lead to three additional bedrooms and a loft overlooking the main living area. Two bedrooms share a Jack-and-Jill bath, and several upstairs windows offer partial Hill Country and treetop views.

The covered patio overlooks the landscaped backyard and side yard beneath mature trees, providing a comfortable setting for outdoor dining and relaxation.

Conveniently located minutes from Lake Travis, Jones Brothers Park, and nearby Hill Country recreation.

At $263/sqft, this home is 21% 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

18305 Lake Oaks Dr, Jonestown, TX 78645

Property Details

Price $769,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,920 sqft
Lot Size 0.16 acres (6,969.6 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Jonestown Hills
County Travis
Zip Code 78645
$/sqft $263/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $3,391.88
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT221663164
List Date March 6, 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 · March 6, 2026 $799,000
Previous ask $779,000
Current ask $769,000
Reduced $30,000 (-3.8%) 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
11005 Beach Rd
Valle Verde Beach
$760,000 $260 4 bd / 4 ba 2,924 sqft , 2026-03-20
18303 Lake Oaks Dr
Jonestown Hills
$779,000 $262 4 bd / 4 ba 2,968 sqft , 2026-06-12
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
$3,691/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
$153,800
20% conventional investment loan

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

Estimated Gross Rent+$3,691
Principal + Interest−$4,197
Property Tax (~2.1% TX avg)−$1,346
Insurance (~0.5%)−$320
Est. Monthly Cash Flow $-2,172

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 August 11, 2026.

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