About This Home

As you enter the home, you are immediately welcomed into the open family room, kitchen, and dining area—designed for comfortable, connected living. Just off the family room, you'll find the garage access, laundry room, and two secondary bedrooms that share a full bath. From the dining area, a covered patio offers space to relax outdoors. The primary suite offers a walk-in closet and private bathroom.

At $166/sqft, this home is 16% below the Maxwell active market average of $198/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

602 Range Dr, Maxwell, TX 78656

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Property Details

Price $234,073

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,412 sqft

Lot Size 0.10 acres (4,356 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Sunset Oaks

County Caldwell

Zip Code 78656

$/sqft $166/sqft

Days on Market ,

HOA $35/Monthly

Annual Tax Est. $197.14

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT251206924

List Date October 29, 2026

Elementary School Borchert Loop

Middle School Lockhart

High School Lockhart

School District Lockhart ISD

School District

Lockhart ISD

Borchert Loop · Lockhart · Lockhart

Have Questions About This Property?

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.

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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 29, 2026 $273,290

Current ask $234,073

▼ Reduced $39,217 (-14.3%) 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 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

207 Isthmus Ln
Sunset Oaks Ph 1A Sec V $235,000 $141 3 bd / 2 ba 1,662 sqft , 2026-10-19

467 Dubai Ave
Cotton Gateway $232,499 $125 4 bd / 2 ba 1,867 sqft , 2026-09-25

533 Dubai Ave
Cotton Gateway $229,999 $138 4 bd / 2 ba 1,667 sqft , 2026-10-01

434 Dubai Ave
Cotton Gateway $238,999 $126 4 bd / 2 ba 1,891 sqft , 2026-08-04

431 Dubai Ave
Cotton Gateway $238,999 $129 4 bd / 2 ba 1,850 sqft , 2026-09-08

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

$1,124/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

$46,815

20% conventional investment loan

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

Estimated Gross Rent+$1,124

Principal + Interest−$1,277

Property Tax (assumed ~2.1%)−$410

Insurance (assumed ~0.5%)−$98

Est. Monthly Cash Flow $-661

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

About the Author

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 →

602 Range Dr

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Maxwell, TX

More Luxury Homes in Maxwell

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