Active Listing  ·  19 days on market

313 Watersong Bnd

Lockhart, TX 78644
$514,900
4 Bed 3 Bath 2,593 sqft $199/sqft Built 2027 0.13 acres 2-Car Garage Pool New Construction Juniper Springs

A two-story entry leads past a home office with French doors to the open living areas. At the heart of the home, the kitchen offers a center island, a 5-burner gas cooktop, and a corner walk-in pantry. The dining area flows between the kitchen and the light-filled two-story family room, which features a wall of windows and access to the extended covered patio. A secluded primary suite at the rear of the home highlights a wall of windows in the bedroom and offers double-door entry to the primary bath with dual vanities, a garden tub, a glass-enclosed shower, and a walk-in closet. A secondary bedroom and a full bath complete the first level. Upstairs, a game room with a wall of windows overlooks the family room and dining area below. Two secondary bedrooms and a full bath complete the second level. Additional features include storage, a utility room, and a mud room off the two-car garage.

At $199/sqft, this home is 42% below the Lockhart active market average of $344/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

313 Watersong Bnd, Lockhart, TX 78644

Property Details

Price $514,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,593 sqft
Lot Size 0.13 acres (5,623.6 sqft)
Year Built 2027
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Juniper Springs
County Caldwell
Zip Code 78644
$/sqft $199/sqft
Days on Market ,
HOA $200/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT250804474
List Date October 24, 2026
Elementary School Borchert Loop
Middle School Lockhart
High School Lockhart
School District Lockhart ISD

Lockhart ISD

Borchert Loop · Lockhart · Lockhart

Luke Allen (TREC #788149) has deep knowledge of Lockhart 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 · October 24, 2026 $514,900
Previous ask $521,900
Current ask $514,900
▲ Increased , (+0.0%) 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 Lockhart

Comparable Listings Right Now

Homes currently for sale in Lockhart 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
3927 Wishing Well Dr
JUNIPER SPRINGS
$509,900 $187 4 bd / 4 ba 2,725 sqft , 2026-10-29
335 Melody Rd
Juniper Springs
$499,900 $193 4 bd / 3 ba 2,593 sqft , 2026-10-17
319 Foxfire Cv
Juniper Springs
$499,900 $196 4 bd / 3 ba 2,545 sqft , 2026-10-17
3802 Sonesta St
JUNIPER SPRINGS
$494,900 $196 4 bd / 3 ba 2,529 sqft , 2026-10-19
242 Melody Rd
Juniper Springs
$474,900 $183 4 bd / 4 ba 2,600 sqft , 2026-01-26

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
$2,472/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
$102,980
20% conventional investment loan

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

Estimated Gross Rent+$2,472
Principal + Interest−$2,810
Property Tax (assumed ~2.1%)−$901
Insurance (assumed ~0.5%)−$215
Est. Monthly Cash Flow $-1,454

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 Lockhart, TX

Lockhart 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 · 41 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. The written content was last updated on November 4, 2026.

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

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