About This Home

The two-story Mesquite plan overflows with charm and convenience for every day living! This three-bedroom, two-and-a-half bath plan gives you the living space you desire so no one feels cramped while visiting. The open-concept design of the first floor sets you up for easy entertaining and convenience. The kitchen overlooks the living room and dining area so you don’t miss out on your favorite show or fun conversation while you cook. Upstairs, you’ll find the impressive master suite, along with two additional bedrooms and a laundry room.

At $171/sqft, this home is priced in line with the Maxwell market average of $174/sqft across 127 active listings. View Austin market report →

Location

237 Fairlawn Way, Maxwell, TX 78656

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Property Details

Price $327,900

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 1,919 sqft

Lot Size 0.11 acres (4,887.43 sqft)

Year Built 2025

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Sunset Oaks Sec 1 Ph 2

County Hays

Zip Code 78656

$/sqft $171/sqft

Days on Market ,

HOA $624/Annually

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT239571263

List Date July 11, 2026

Elementary School Hemphill

Middle School D J Red Simon

High School Lehman

School District ,

Have Questions About This Property?

Luke Allen (TREC #788149) has deep knowledge of Maxwell and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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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

253 Fairlawn Way
Sunset Oaks Sec 1 Ph 2 $327,900 $171 3 bd / 3 ba 1,919 sqft , 2026-07-02

409 Silent Meadow Run
Sunset Oaks Sec 1 Ph 2 $327,900 $171 3 bd / 3 ba 1,919 sqft , 2026-07-16

385 Silent Meadow Run
Sunset Oaks Sec 1 Ph 2 $327,900 $171 3 bd / 3 ba 1,919 sqft , 2026-08-04

539 Aplite Pass
SUNSET OAKS $329,900 $140 4 bd / 3 ba 2,356 sqft , 2026-08-04

516 Aplite Pass
SUNSET OAKS $337,900 $143 4 bd / 3 ba 2,356 sqft , 2026-08-04

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

$1,574/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

$65,580

20% conventional investment loan

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

Estimated Gross Rent+$1,574

Principal + Interest−$1,789

Property Tax (~2.1% TX avg)−$574

Insurance (~0.5%)−$137

Est. Monthly Cash Flow $-926

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 12, 2026.

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

237 Fairlawn Way

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Maxwell, TX

More Luxury Homes in Maxwell

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