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In the city limits of Austin, one of our newest floor plans, the Caprock, offers a versatile 2-story home offering 2,543 square feet of thoughtfully designed living space. With 5 bedrooms, 3 full bathrooms, and a 2-car garage, this home is perfect for those seeking both space and comfort. Upon entering, the foyer leads to an expansive open-concept area, where the family room flows seamlessly into the dining room and kitchen. The owner's suite is downstairs with a large walk-in closet and a private owner's bathroom with a beautiful soaker tub and a separate stand up shower. Upstairs, you'll find three additional bedrooms, each with walk-in closets, and a shared full bathroom. This home is also one block away from the community pool and amenities making it a prime location in the heart of the community. Come make an appointment today to see this wonderful home as it will not be on the market long with this amazing price!
Property Type
Residential
Year Built
2026
Lot Size
0.14 acres
$/Sq Ft
$167
HOA
$65/mo
Garage
4 spaces
Listed by M/I Homes Realty
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Verified property facts
4513 Lava Island Dr is listed at $424,990 with 5 bedrooms, 3 full bathrooms, 2,543 square feet, 0.14-acre lot. This places it above the 78747 median of $380,095.
4513 Lava Island Dr is zoned for Austin ISD with assigned schools: Blazier (8/10) (elementary), Paredes (2/10) (middle), Akins (6/10) (high). School assignments should be verified directly with the district.
4513 Lava Island Dr is a Residential built in 2026 featuring 5 bedrooms, 3 full bathrooms, 2,543 square feet, 0.14-acre lot.
4513 Lava Island Dr is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($84,998) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 4513 Lava Island Dr is around $2,984 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Pending with current price, original ask, and market time.

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($85K)
$424,990
Luxury property intelligence
A sourced read on Cascades at Onion Creek pricing, timing, and property scale. No automated valuation claim.
List price
$424,990
Price per sqft
$167/sqft
Vs. Cascades at Onion Creek median
Not available
Days on market
82 days
Original to current
$1K reduction
$426K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 2, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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#1 ABOR Team 2024 with $1B+ career sales volume
At $424,990, 4513 Lava Island Dr is in the Cascades at Onion Creek market where there are currently 137 active listings in 78747.
4513 Lava Island Dr is part of a managed community with HOA dues of $65 monthly. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
4 events on record
Current Price
$425,990
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
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