Active Listing  ·  21 days on market

615 Lagoon Dr

Maxwell, TX 78656
$325,740
4 Bed 3 Bath 2,260 sqft $144/sqft Built 2026 0.10 acres 2-Car Garage Pool New Construction Sunset Oaks

Let’s Talk About the Magellan As you enter the home, you're welcomed into the foyer with immediate access to the staircase leading to the second floor. Continuing through the main level, you’ll pass a storage closet, a bedroom with a full bath, and entry to the two-car garage. The home then opens into the family room, dining area, and kitchen—offering a comfortable and connected living space. Upstairs, a spacious loft serves as a central gathering area, leading to two additional bedrooms, each with its own walk-in closet and a shared full bath. The second floor also includes the primary bedroom, featuring a private bath and a generous walk-in closet, as well as a conveniently located laundry room.

At $144/sqft, this home is 17% below the Maxwell active market average of $174/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

615 Lagoon Dr, Maxwell, TX 78656

Property Details

Price $325,740
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,260 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
County Caldwell
Zip Code 78656
$/sqft $144/sqft
Days on Market ,
HOA $35/Monthly
Annual Tax Est. $197.14
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT241094481
List Date July 24, 2026
Elementary School Clear Fork
Middle School Lockhart
High School Lockhart
School District ,

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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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
319 Jade St
Hymeadow
$323,420 $125 5 bd / 3 ba 2,595 sqft , 2026-07-02
539 Aplite Pass
SUNSET OAKS
$329,900 $140 4 bd / 3 ba 2,356 sqft , 2026-08-04
259 Haywood Mnr
Hymeadow
$320,850 $124 5 bd / 3 ba 2,595 sqft , 2026-07-02
503 Estuary Dr
Sunset Oaks
$319,090 $189 3 bd / 3 ba 1,689 sqft , 2025-10-15
501 Estuary Dr
Sunset Oaks
$333,370 $170 3 bd / 3 ba 1,963 sqft , 2025-10-15

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
$1,564/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
$65,148
20% conventional investment loan

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

Estimated Gross Rent+$1,564
Principal + Interest−$1,778
Property Tax (~2.1% TX avg)−$570
Insurance (~0.5%)−$136
Est. Monthly Cash Flow $-920

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 · 30 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. This page was last updated on July 25, 2026.

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