Active Listing  ·  54 days on market

317 Watersong Bnd

Lockhart, TX 78644
$374,900
3 Bed 2 Bath 2,026 sqft $185/sqft Built 2026 0.13 acres 2-Car Garage Pool New Construction Juniper Springs

Entry leads to the main living areas, opening to the family room with a wall of windows. The kitchen features a 5-burner gas cooktop, a corner walk-in pantry, and a generous island that overlooks the family room. An open dining area is set just across from the kitchen. A home office with French doors overlooks the backyard. The secluded primary bedroom highlights a wall of windows. Double doors lead to the primary bath with dual vanities, a freestanding tub, a separate glass-enclosed shower, and a large walk-in closet. Two secondary bedrooms and a full bath complete this one-story design. Extended covered backyard patio. Two-car garage.

At $185/sqft, this home is 46% 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

317 Watersong Bnd, Lockhart, TX 78644

Property Details

Price $374,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,026 sqft
Lot Size 0.13 acres (5,623.6 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Juniper Springs
County Caldwell
Zip Code 78644
$/sqft $185/sqft
Days on Market ,
HOA $200/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT247368524
List Date September 19, 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 · September 19, 2026 $434,900
Previous ask $377,900
Current ask $374,900
▼ Reduced $60,000 (-13.8%) 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
314 Foxfire Cv
Juniper Springs
$374,900 $148 4 bd / 3 ba 2,529 sqft , 2026-04-30
3913 Wishing Well Dr
Juniper Springs
$374,900 $138 4 bd / 4 ba 2,725 sqft , 2026-09-19
306 Foxfire Cv
Juniper Springs
$369,900 $169 4 bd / 2 ba 2,187 sqft , 2026-04-29
311 Melody Rd
Juniper Springs
$349,900 $155 3 bd / 2 ba 2,251 sqft , 2026-04-23
3921 Wishing Well Dr
Juniper Springs
$349,900 $145 4 bd / 3 ba 2,410 sqft , 2026-09-19

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
$1,800/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
$74,980
20% conventional investment loan

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

Estimated Gross Rent+$1,800
Principal + Interest−$2,046
Property Tax (assumed ~2.1%)−$656
Insurance (assumed ~0.5%)−$156
Est. Monthly Cash Flow $-1,058

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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