Active Listing  ·  83 days on market

607 Lagoon Dr

Maxwell, TX 78656
$264,581
4 Bed 3 Bath 2,121 sqft $125/sqft Built 2026 0.10 acres 2-Car Garage Pool New Construction Sunset Oaks V

NEW CONSTRUCTION BY STARLIGHT HOMES AVAILABLE AUGUST 2026! From the covered porch, you enter into the foyer, where stairs to the second floor are immediately in view. Continuing through, you arrive at the open family room, dining area, and kitchen. A powder bath is conveniently located off the kitchen and family room. Also off the kitchen are a pantry, a coat closet, and access to the two-car garage. Upstairs, a central loft leads to the primary bedroom, which includes a primary bath and a spacious walk-in closet. Three additional bedrooms—each with its own walk-in closet—share a full bath. A laundry room is also located on the second floor for added convenience.

At $125/sqft, this home is 37% 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

607 Lagoon Dr, Maxwell, TX 78656

Property Details

Price $264,581
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,121 sqft
Lot Size 0.10 acres (4,443.12 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Sunset Oaks V
County Caldwell
Zip Code 78656
$/sqft $125/sqft
Days on Market ,
HOA $35/Monthly
Annual Tax Est. $197.14
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT244235374
List Date August 21, 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 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 · August 21, 2026 $311,490
Previous ask $280,242
Current ask $264,581
▼ Reduced $46,909 (-15.1%) 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
163 Heather Glen Way
Hymeadow Ph 1 Sec 2
$269,900 $117 4 bd / 3 ba 2,312 sqft , 2026-06-27
490 Low Pasture Trl
SUNSET OAKS
$273,500 $191 3 bd / 2 ba 1,434 sqft , 2026-05-07
503 Estuary Dr
Sunset Oaks
$275,000 $163 3 bd / 3 ba 1,689 sqft , 2025-10-15
510 Range Dr
Sunset Oaks V
$252,982 $139 3 bd / 3 ba 1,826 sqft , 2026-10-29
113 Delta Crst
Hymeadow
$278,900 $190 4 bd / 2 ba 1,468 sqft , 2026-07-15

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
$1,270/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
$52,916
20% conventional investment loan

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

Estimated Gross Rent+$1,270
Principal + Interest−$1,444
Property Tax (assumed ~2.1%)−$463
Insurance (assumed ~0.5%)−$110
Est. Monthly Cash Flow $-747

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 · 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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