Active Listing  ·  112 days on market

316 Geode Gln

Maxwell, TX 78656
$299,000
4 Bed 3 Bath 1,950 sqft $153/sqft Built 2021 0.10 acres 2-Car Garage Pool Sunset Oaks Sec 4 Ph 1A

Investor opportunity in the growing Maxwell/San Marcos corridor! This tenant-occupied home offers immediate rental income with a lease in place through August 31, 2026.

Currently leased at $1,995/month with a low HOA of just $45/month, this 4-bedroom, 2.5-bath home presents a strong opportunity for investors seeking stable cash flow. The spacious layout provides excellent functionality, featuring multiple living areas, a well-designed kitchen, and comfortable bedroom distribution ideal for long-term tenant retention.

Located in the desirable Sunset Oaks community, this home is approximately 2 miles from the Amazon distribution center, 7 miles from downtown San Marcos, and about 3 miles from the local airport—positioned in a high-growth area with continued demand for housing.

Skip the wait and rising costs of new construction—this home is move-in ready from an investment standpoint with established income already in place.

Do not disturb tenant. Showings by appointment only.

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

316 Geode Gln, Maxwell, TX 78656

Property Details

Price $299,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 1,950 sqft
Lot Size 0.10 acres (4,521.53 sqft)
Year Built 2021
Garage 2 spaces
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. $5,991.77
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227552142
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
532 Aplite Pass
Sunset Oaks Sec 1 Ph 2
$299,900 $190 3 bd / 2 ba 1,580 sqft , 2026-08-04
428 Gabbro Gdns
Sunset Oaks Sec 4 Ph 1A
$299,995 $151 4 bd / 3 ba 1,984 sqft , 2026-04-09
138 Ivy Psge
Hymeadow
$301,500 $143 4 bd / 3 ba 2,107 sqft , 2026-07-29
474 Low Pasture Trl
SUNSET OAKS
$295,000 $156 5 bd / 3 ba 1,892 sqft , 2026-04-29
441 Low Pasture Trl
SUNSET OAKS
$304,500 $161 5 bd / 3 ba 1,892 sqft , 2026-04-27

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
$1,435/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
$59,800
20% conventional investment loan

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

Estimated Gross Rent+$1,435
Principal + Interest−$1,632
Property Tax (~2.1% TX avg)−$523
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-845

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 May 18, 2026.

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