About This Home

The Idlewood - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining, along with access to an outdoor space. An owner’s suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms at the front of the home, ideal for household members and overnight guests. Photos are for illustrative purposes only. Estimated Completion March 2026. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly.

At $149/sqft, this home is 14% below the Maxwell active market average of $174/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

201 E Lima Dr, Maxwell, TX 78656

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Property Details

Price $209,990

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,411 sqft

Lot Size 0.11 acres (4,878.72 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Cotton Gateway

County Caldwell

Zip Code 78656

$/sqft $149/sqft

Days on Market ,

HOA $45/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT219841511

List Date February 18, 2026

Elementary School Bluebonnet (Lockhart ISD)

Middle School Lockhart

High School Lockhart

School District ,

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Similar Homes on the Market in Maxwell

Comparable Listings Right Now

Homes currently for sale in Maxwell 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

320 Paris St
Cotton Gateway $212,999 $152 3 bd / 2 ba 1,402 sqft , 2026-06-29

458 Dubai Ave
Cotton Gateway $213,999 $152 3 bd / 2 ba 1,411 sqft , 2026-07-20

460 Paris St
Cotton Gateway $218,999 $137 4 bd / 2 ba 1,600 sqft , 2026-04-15

420 Paris St
Cotton Gateway $218,999 $131 4 bd / 2 ba 1,667 sqft , 2026-05-06

554 Paris St
Cotton Gateway $199,999 $159 3 bd / 2 ba 1,260 sqft , 2026-02-16

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

$1,008/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

$41,998

20% conventional investment loan

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

Estimated Gross Rent+$1,008

Principal + Interest−$1,146

Property Tax (~2.1% TX avg)−$367

Insurance (~0.5%)−$87

Est. Monthly Cash Flow $-592

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 Maxwell, TX

Maxwell 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 July 27, 2026.

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

201 E Lima Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Maxwell, TX

More Luxury Homes in Maxwell

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