Active Listing  ·  112 days on market

305 Mica Trl

Maxwell, TX 78656
$240,000
3 Bed 2 Bath 1,568 sqft $153/sqft Built 2021 0.10 acres Pool Sunset Oaks Sec 4 Ph 1A

Investor opportunity in Maxwell, TX with immediate rental income! Priced below tax appraisal, this well-maintained Lennar home is tenant-occupied with a lease in place through June 30, 2027, providing stable, long-term cash flow from day one.

The property is currently leased at $1,775/month with a low HOA of just $45/month, making it an attractive, low-maintenance investment. Featuring a desirable open-concept layout, the home offers 3 bedrooms, 2 full bathrooms, and approximately 1,568 square feet of living space. The functional floor plan seamlessly connects the kitchen, dining, and living areas—ideal for tenant retention.

Additional features include a fenced backyard for added privacy and outdoor enjoyment. Built with Lennar’s quality standards, this home is located in a rapidly growing corridor between Austin and San Marcos, offering strong long-term appreciation potential.

Perfect for investors seeking reliable income, minimal overhead, and future upside in Central Texas.

At $153/sqft, this home is 12% 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

305 Mica Trl, Maxwell, TX 78656

Property Details

Price $240,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,568 sqft
Lot Size 0.10 acres (4,521.53 sqft)
Year Built 2021
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Sunset Oaks Sec 4 Ph 1A
County Hays
Zip Code 78656
$/sqft $153/sqft
Days on Market ,
HOA $45/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227549414
List Date April 24, 2026
Elementary School Hemphill
Middle School D J Red Simon
High School Lehman
School District ,

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.

Schedule a Call →

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
117 Citrine Crst
Sunset Oaks Sec 4 Ph 1A
$239,900 $121 4 bd / 3 ba 1,984 sqft , 2026-03-09
157 Tempest Trl
Hymeadow
$238,310 $194 3 bd / 2 ba 1,230 sqft , 2026-06-11
438 Dubai Ave
Cotton Gateway
$237,999 $127 4 bd / 2 ba 1,867 sqft , 2026-07-01
108 W London Dr
Cotton Gateway
$236,999 $125 4 bd / 3 ba 1,891 sqft , 2026-06-01
312 Paris St
Cotton Gateway
$243,999 $152 4 bd / 2 ba 1,600 sqft , 2026-06-10

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
$1,152/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
$48,000
20% conventional investment loan

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

Estimated Gross Rent+$1,152
Principal + Interest−$1,310
Property Tax (~2.1% TX avg)−$420
Insurance (~0.5%)−$100
Est. Monthly Cash Flow $-678

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

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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 June 22, 2026.

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