Active Listing  ·  54 days on market

3921 Wishing Well Dr

Lockhart, TX 78644
$349,900
4 Bed 3 Bath 2,410 sqft $145/sqft Built 2026 0.13 acres 2-Car Garage Pool New Construction Juniper Springs

Coffered extended entry leads past game room to open kitchen, dining area and family room. Kitchen features a 5-burner gas cooktop, a deep walk-in pantry and generous island with built-in seating space. Dining area features curved wall of windows. Family room features wall of windows. Primary suite includes bedroom with wall of windows. Double doors lead to primary bath with dual vanity, freestanding tub, separate glass-enclosed shower and oversized walk-in closet. Abundant closet space and large windows add to this spacious four-bedroom design. Covered backyard patio. Mud room off two-car garage.

At $145/sqft, this home is 58% 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

3921 Wishing Well Dr, Lockhart, TX 78644

Property Details

Price $349,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,410 sqft
Lot Size 0.13 acres (5,645.38 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Juniper Springs
County Caldwell
Zip Code 78644
$/sqft $145/sqft
Days on Market ,
HOA $200/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT247364909
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 $424,900
Previous ask $374,900
Current ask $349,900
▼ Reduced $75,000 (-17.7%) 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
311 Melody Rd
Juniper Springs
$349,900 $155 3 bd / 2 ba 2,251 sqft , 2026-04-23
473 ATTICUS Cv
HARTLAND RANCH
$339,000 $203 5 bd / 2 ba 1,668 sqft , 2026-06-18
450 KOLBO CROSSING Cv
HARTLAND RANCH
$336,800 $180 4 bd / 2 ba 1,870 sqft , 2026-06-23
306 Foxfire Cv
Juniper Springs
$369,900 $169 4 bd / 2 ba 2,187 sqft , 2026-04-29
333 Melody Rd
Juniper Springs
$324,900 $149 4 bd / 3 ba 2,180 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
$1,680/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
$69,980
20% conventional investment loan

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

Estimated Gross Rent+$1,680
Principal + Interest−$1,910
Property Tax (assumed ~2.1%)−$612
Insurance (assumed ~0.5%)−$146
Est. Monthly Cash Flow $-988

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 6, 2026.

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

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