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ActiveMLS #5311031

4516 Lava Island DR, Austin TX 78747

Austin, TX 78747 · Cascades at Onion Creek

Single Family Residence for sale in Cascades at Onion Creek

3Bedrooms
2Bathrooms
1,640Square Ft
0.14Acres
2Garage
2026Year Built
Price Reduced
1 / 33
$334,990$364,990

Overview

Property Description

The Abilene plan is a fantastic one story home located in Austin city limits within the neighborhood of Cascades at Onion Creek. It features 3 bedrooms, 2 bathrooms, and and just over 1600 square feet. The primary bathroom features a beautiful soaking tub as well as a stand up shower! This home is also just a couple of blocks away from the community pool and amenities making it a prime location in the heart of the community. Come see us today or schedule an appointment to come check out this home as it wont be on the market long with this amazing low price!

Financial Info
Price
$334,990
$ / Sqft
$204
HOA
Yes - Mandatory / $65 / Monthly
HOA Name
Cascades of Onion Creek
HOA Includes
Common Area Maintenance
Tax Rate
2.05%
Est. Taxes
$5,986
Tax Year
2026
Exemptions
None
Legal Info
Address
4516 Lava Island DR
County
Travis
City
Austin
State
TX
Zip
78747
Subdivision
Cascades at Onion Creek
Legal Description
Cascades at Onion Creek Lot 42, BLK I
Parcel
964261
Interior Features
Floor
Carpet, Tile, Vinyl
Num Living
1
Dining
1
Kitchen
Kitchen Island, Pantry
Appliances
Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Exhaust Fan, Gas Range, Microwave, Gas Oven, Self Cleaning Oven, Stainless Steel Appliance(s), Vented Exhaust Fan, Gas Water Heater, Tankless Water Heater
Laundry
Main Level
Master Bed
Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplace Description
None
Interior Features
High Ceilings, Double Vanity, Electric Dryer Hookup, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Primary Bedroom on Main, Smart Thermostat, Soaking Tub, Walk-In Closet(s), Wired for Data, Carbon Monoxide Detector(s), Smoke Detector(s), Double Pane Windows, ENERGY STAR Qualified Windows, Low Emissivity Windows
General Info
Beds
3 Total / 3 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
2026 / New
Square Feet
1,640 / Builder
Garages
2
Garage Desc
Attached, Concrete, Driveway, Garage, Garage Faces Front, Inside Entrance
Foundation
Slab
Roof
Composition
Construction
HardiPlank Type, Blown-In Insulation, Vertical Siding
Acres
0.14
Lot Description
Back Yard, Close to Clubhouse, Cul-De-Sac, Front Yard, Landscaped, Near Golf Course, Sprinkler - Automatic, Sprinkler - Back Yard, Sprinklers In Front, Sprinkler - In-ground, Sprinkler - Rain Sensor, Trees-Small (Under 20 Ft)
Restrictions
City Restrictions, Deed Restrictions
Flood Plain
No
View
Neighborhood
Water Access
No
Waterfront
No
Area
SC
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Electricity Available, Internet-Cable, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
Heat
Ceiling, ENERGY STAR Qualified Equipment, Natural Gas
A C
Central Air, ENERGY STAR Qualified Equipment
Exterior Features
Fence
Back Yard, Fenced, Full, Wood, Wrought Iron
Exterior Features
Gutters Partial, Lighting, Pest Tubes in Walls, Private Yard, Covered
Pool On Property
No
Area Amenities
Cluster Mailbox, Common Grounds, High Speed Internet, Picnic Area, Playground, Pool, Sidewalks, Street Lights, Underground Utilities

Rooms

Rooms3 rooms

Main level

  • Primary Bathroom

    Dual Vanity

  • Kitchen

    Pantry

  • Primary Bedroom

    Walk-In Closet(s)

Price history

Members only
Days on market
−$30,000 (−8.2%)
$364,990 → $334,990
4
Price reductions
Active
Since Jun 1, 2026
Price trend
List priceJun 2026Sep 2026
Property history5 events
DateEventPriceChange
Sep 14, 2026Price Decrease$334,990−$10,000 (−2.9%)
Aug 11, 2026Price Decrease$344,990−$5,000 (−1.4%)
Jul 7, 2026Price Decrease$349,990−$10,000 (−2.8%)
Jun 9, 2026Price Decrease$359,990−$5,000 (−1.4%)
Jun 1, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
Austin ISD
Elementary
Blazier
Middle
Bailey
High
Akins

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $334,990
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$2,472 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $2,472

Principal & interest
$1,694
Property taxes
$499
Homeowners insurance
$279

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$267,992$2,995$17,331$264,997
2$264,997$3,196$17,131$261,801
3$261,801$3,410$16,917$258,390
4$258,390$3,638$16,688$254,752
5$254,752$3,882$16,445$250,870
6$250,870$4,142$16,185$246,728
7$246,728$4,420$15,907$242,308
8$242,308$4,715$15,611$237,593
9$237,593$5,031$15,295$232,561
10$232,561$5,368$14,958$227,193
  • Year 1$264,997
    Principal paid
    $2,995
    Interest paid
    $17,331
    Starting balance
    $267,992
  • Year 2$261,801
    Principal paid
    $3,196
    Interest paid
    $17,131
    Starting balance
    $264,997
  • Year 3$258,390
    Principal paid
    $3,410
    Interest paid
    $16,917
    Starting balance
    $261,801
  • Year 4$254,752
    Principal paid
    $3,638
    Interest paid
    $16,688
    Starting balance
    $258,390
  • Year 5$250,870
    Principal paid
    $3,882
    Interest paid
    $16,445
    Starting balance
    $254,752
  • Year 6$246,728
    Principal paid
    $4,142
    Interest paid
    $16,185
    Starting balance
    $250,870
  • Year 7$242,308
    Principal paid
    $4,420
    Interest paid
    $15,907
    Starting balance
    $246,728
  • Year 8$237,593
    Principal paid
    $4,715
    Interest paid
    $15,611
    Starting balance
    $242,308
  • Year 9$232,561
    Principal paid
    $5,031
    Interest paid
    $15,295
    Starting balance
    $237,593
  • Year 10$227,193
    Principal paid
    $5,368
    Interest paid
    $14,958
    Starting balance
    $232,561
First 10 of 30 years

Nearby

Courtesy of M/I Homes Realty · (512) 241-0848

Listings courtesy of ACTRIS as distributed by MLS GRID.