Active Listing  ·  148 days on market

18716 W Lakeview Dr

Jonestown, TX 78645
$639,000
4 Bed 4 Bath 2,500 sqft $256/sqft Built 2023 0.24 acres 2-Car Garage Pool Jonestown Hills

Enjoy panoramic vistas & unobstructed Lake Travis views from the open-concept kitchen, dining, and living areas—or step out onto the oversized balcony to take in unforgettable sunsets over the water.

Built in 2023, this spacious home features a flexible layout with two primary suites (up and down), 4 bedrooms, an office, and 3.5 baths, making it ideal for multi-generational living, short-term rental potential, or a luxury weekend escape.

This is a rare foreclosure opportunity—offering buyers the chance to own a newer construction home with premium lake views at a compelling price point. With similar homes in the area often commanding significantly higher values, this property stands out as an exceptional value-add investment or personal retreat.

Whether you're looking for a primary residence, second home, or investment property, this is your chance to secure Lake Travis views without the typical premium price tag.

At $256/sqft, this home is 24% 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

18716 W Lakeview Dr, Jonestown, TX 78645

Property Details

Price $639,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,500 sqft
Lot Size 0.24 acres (10,572.01 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Jonestown Hills
County Travis
Zip Code 78645
$/sqft $256/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $14,861.16
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227860192
List Date April 27, 2026
Elementary School CC Mason
Middle School Cedar Park
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 · April 27, 2026 $675,000
Previous ask $649,000
Current ask $639,000
Reduced $36,000 (-5.3%) 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
18206 Fair Ln
Jonestown Hills
$679,000 $275 3 bd / 4 ba 2,470 sqft , 2026-08-14
11103 3rd St
Jonestown Hills
$574,900 $267 3 bd / 3 ba 2,153 sqft , 2026-05-15
11111 Elm St
Jonestown Hills
$549,000 $249 3 bd / 3 ba 2,209 sqft , 2026-07-23
18405 Georgetown Dr
Terrace Plaza
$749,000 $251 4 bd / 4 ba 2,980 sqft , 2026-07-25
11005 Beach Rd
Valle Verde Beach
$760,000 $260 4 bd / 4 ba 2,924 sqft , 2026-03-20

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
$3,067/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
$127,800
20% conventional investment loan

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

Estimated Gross Rent+$3,067
Principal + Interest−$3,487
Property Tax (~2.1% TX avg)−$1,118
Insurance (~0.5%)−$266
Est. Monthly Cash Flow $-1,804

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 17, 2026.

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