About This Home

MLS# 4833242 - Built by Drees Custom Homes - Ready Now! ~ The Lynmar II is a gorgeous open and airy home that boasts amazing indoor and outdoor entertaining spaces. The two-story foyer invites you in and draws your eye to the two-story dining room that overlooks the courtyard. The gourmet kitchen includes a large pantry and huge island for entertaining. The spacious family room includes a fireplace and multipaneled sliding door to the courtyard and covered porch. This home also features a fabulous independent living suite downstairs with it's own ensuite! Upstairs, entertain in the game and media rooms or head outside to the second story covered porch. This Lynmar in The Hollows is a wonderful place to call home.

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

19004 Ascending Trl, Jonestown, TX 78645

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Property Details

Price $1,349,900

Status Active Listing

Beds 4

Full Baths 4

Half Baths 1

Living Area 5,128 sqft

Lot Size 0.42 acres (18,295.2 sqft)

Year Built 2026

Garage 3 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision The Hollows

County Travis

Zip Code 78645

$/sqft $263/sqft

Days on Market ,

HOA $205/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT212346540

List Date November 19, 2025

Elementary School Lago Vista

Middle School Lago Vista

High School Lago Vista

School District ,

Have Questions About This Property?

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.

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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 · November 19, 2025 $1,399,900

Previous ask $1,379,900

Current ask $1,349,900

▼ Reduced $50,000 (-3.6%) 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

19316 Splendor Ct
The Hollows on Lake Travis $1,249,000 $303 4 bd / 5 ba 4,128 sqft , 2025-11-05

5110 Destination Way
The Hollows Sanctuary - 85' $1,199,900 $240 5 bd / 6 ba 4,997 sqft , 2026-07-28

18724 Expedition Trl
Hollows Ph 3A $1,499,999 $343 5 bd / 6 ba 4,377 sqft , 2025-10-08

6609 Rocky Grotto Cv
Hollows Sanctuary Sec 2 $1,199,000 $266 5 bd / 6 ba 4,501 sqft , 2026-08-06

6708 Adventures Pl
The Hollows $1,100,000 $309 4 bd / 4 ba 3,558 sqft , 2026-07-26

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

$6,480/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

$269,980

20% conventional investment loan

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

Estimated Gross Rent+$6,480

Principal + Interest−$7,367

Property Tax (~2.1% TX avg)−$2,362

Insurance (~0.5%)−$562

Est. Monthly Cash Flow $-3,811

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

About the Author

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 25, 2026.

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

19004 Ascending Trl