Active Listing  ·  26 days on market

335 Melody Rd

Lockhart, TX 78644
$499,900
4 Bed 3 Bath 2,593 sqft $193/sqft Built 2027 0.16 acres 2-Car Garage Pool Juniper Springs

The front porch opens into the two-story entryway. A private home office with French doors is right off the entrance. Past the stairwell you enter the kitchen which features a 5-burner gas cooktop, a corner walk-in pantry and an island with built-in seating. The dining area connects the space with the family room boasting a wall of windows with access to the extended covered backyard patio. The primary bedroom is highlighted with a wall of windows. French doors open into the primary suite featuring dual vanities, a freestanding tub, a glass-enclosed shower and oversized walk-in closet. A private guest suite with close access to the utility room located across the kitchen area. Upstairs you are greeted by a large game room with ample natural light. Secondary bedrooms with walk-in closets and a full bathroom complete the second level. The mud room is located off of the two-car garage.

At $193/sqft, this home is 44% 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

335 Melody Rd, Lockhart, TX 78644

Property Details

Price $499,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,593 sqft
Lot Size 0.16 acres (7,143.84 sqft)
Year Built 2027
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Juniper Springs
County Caldwell
Zip Code 78644
$/sqft $193/sqft
Days on Market ,
HOA $200/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT250171991
List Date October 17, 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 17, 2026 $499,900
Previous ask $506,900
Current ask $499,900
▲ 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
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
3927 Wishing Well Dr
JUNIPER SPRINGS
$509,900 $187 4 bd / 4 ba 2,725 sqft , 2026-10-29
313 Watersong Bnd
Juniper Springs
$514,900 $199 4 bd / 3 ba 2,593 sqft , 2026-10-24
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
$2,400/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
$99,980
20% conventional investment loan

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

Estimated Gross Rent+$2,400
Principal + Interest−$2,728
Property Tax (assumed ~2.1%)−$875
Insurance (assumed ~0.5%)−$208
Est. Monthly Cash Flow $-1,411

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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