About This Home

Enter through the front porch into a foyer with access to the stairs and a nearby coat closet. The kitchen opens to the dining area and family room, with a fifth bedroom and bath located at the back of the home. The patio is accessible through the main living area, and the two-car garage connects through the kitchen. Upstairs, the primary bedroom sits at the back with the primary bath and walk-in closet. Three additional bedrooms, each containing a walk-in closet, are located nearby and share a full bath. A central loft and laundry room complete the second floor.

At $129/sqft, this home is 26% 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

617 Lagoon Dr, Maxwell, TX 78656

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Property Details

Price $337,490

Status Active Listing

Beds 5

Full Baths 3

Half Baths ,

Living Area 2,609 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 $129/sqft

Days on Market ,

HOA $35/Monthly

Annual Tax Est. $197.14

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT237722881

List Date June 26, 2026

Elementary School Clear Fork

Middle School Lockhart

High School Lockhart

School District ,

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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 · June 26, 2026 $330,990

Previous ask $334,990

Current ask $337,490

▲ Increased $6,500 (+2.0%) 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 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

516 Aplite Pass
SUNSET OAKS $337,900 $143 4 bd / 3 ba 2,356 sqft , 2026-08-04

502 Estuary Dr
Sunset Oaks $339,990 $155 4 bd / 3 ba 2,198 sqft , 2025-10-15

539 Aplite Pass
SUNSET OAKS $329,900 $140 4 bd / 3 ba 2,356 sqft , 2026-08-04

615 Lagoon Dr
Sunset Oaks $325,740 $144 4 bd / 3 ba 2,260 sqft , 2026-07-24

319 Jade St
Hymeadow $323,420 $125 5 bd / 3 ba 2,595 sqft , 2026-07-02

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

$1,620/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

$67,498

20% conventional investment loan

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

Estimated Gross Rent+$1,620

Principal + Interest−$1,842

Property Tax (~2.1% TX avg)−$591

Insurance (~0.5%)−$141

Est. Monthly Cash Flow $-954

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 · 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 August 5, 2026.

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

617 Lagoon Dr