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PendingMLS #8925553

116 W London DR, Maxwell TX 78656

Maxwell, TX 78656 · Cotton Gateway

Single Family Residence for sale in Cotton Gateway

4Bedrooms
2Bathrooms
2,162Square Ft
0.11Acres
2Garage
2026Year Built
1 / 31
$241,999$260,990

Overview

Property Description

The Sherman - This new two-story home features a luxurious owner’s suite on the first level, offering a tranquil retreat with a full bathroom and walk-in closet. A nearby open-concept layout encourages seamless transitions and multitasking between the kitchen, living and dining areas. On the second floor, a versatile game room provides a convenient shared living area near three additional bedrooms. Photos are for illustrative purposes only. Estimated Completion September 2026. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly.

Financial Info
Price
$241,999
$ / Sqft
$112
HOA
Yes - Mandatory / $45 / Monthly
HOA Name
Cotton Gateway HOA
HOA Includes
Common Area Maintenance
Tax Rate
1.79%
Tax Year
2025
Exemptions
None
Legal Info
Address
116 W London DR
County
Caldwell
City
Maxwell
State
TX
Zip
78656
Subdivision
Cotton Gateway
Legal Description
Cotton Gateway, BLOCK 0, LOT 5
Parcel
116 W London Drive
Interior Features
Floor
Carpet, Vinyl
Num Living
2
Dining
1
Appliances
Dishwasher, Range
Laundry
Laundry Room, Main Level
Master Bed
2 Primary Baths, Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Interior Features
2 Primary Baths, No Interior Steps, Open Floorplan, Primary Bedroom on Main, Walk-In Closet(s), None
General Info
Beds
4 Total / 1 Main Level / 3 Other Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
2026 / Under Construction
Square Feet
2,162 / Builder
Garages
2
Garage Desc
Attached, Garage
Foundation
Slab
Roof
Composition
Construction
Brick, Cement Siding, Stone
Acres
0.11
Lot Description
Back Yard, Front Yard, Interior Lot
Restrictions
None
Flood Plain
No
View
Neighborhood
Water Access
No
Waterfront
No
Area
CC
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Electricity Available, Sewer Connected, Water Connected
Heat
Central
A C
Central Air
Exterior Features
Fence
Back Yard, Privacy
Exterior Features
No Exterior Steps, Private Yard, Porch
Pool On Property
No
Area Amenities
Park, Pool

Price history

Members only
Days on market
−$18,991 (−7.3%)
$260,990 → $241,999
2
Price reductions
Pending
Since Jun 18, 2026
Price trend
List priceJun 2026Jul 2026
Property history6 events
DateEventPriceChange
Aug 12, 2026Pending
Jul 20, 2026Price Increase$241,999+$1,000 (+0.4%)
Jul 7, 2026Price Increase$240,999+$1,009 (+0.4%)
Jun 29, 2026Price Decrease$239,990−$1,000 (−0.4%)
Jun 26, 2026Price Decrease$240,990−$20,000 (−7.7%)
Jun 18, 2026New Listing

Taxes

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

Schools

School Info
District
Lockhart ISD
Elementary
Bluebonnet (Lockhart ISD)
Middle
Lockhart
High
Lockhart

Maps

Financing

Your preferences

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

Saved on this device

List price $241,999
Down payment
Stays 20% if you change the price
Note rate, not APR
No tax figure on this listing
*Estimated only (1% of price / yr)

Estimated monthly payment

$1,426 / mo

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

Estimated monthly payment $1,426, incomplete: some costs are unavailable

Principal & interest
$1,224
Property taxes
Unavailable
Homeowners insurance
$202

One or more costs are unavailable, so this total is incomplete.

*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$193,599$2,164$12,520$191,435
2$191,435$2,309$12,375$189,126
3$189,126$2,463$12,221$186,663
4$186,663$2,628$12,056$184,035
5$184,035$2,804$11,880$181,230
6$181,230$2,992$11,692$178,238
7$178,238$3,193$11,491$175,045
8$175,045$3,407$11,278$171,639
9$171,639$3,635$11,049$168,004
10$168,004$3,878$10,806$164,126
  • Year 1$191,435
    Principal paid
    $2,164
    Interest paid
    $12,520
    Starting balance
    $193,599
  • Year 2$189,126
    Principal paid
    $2,309
    Interest paid
    $12,375
    Starting balance
    $191,435
  • Year 3$186,663
    Principal paid
    $2,463
    Interest paid
    $12,221
    Starting balance
    $189,126
  • Year 4$184,035
    Principal paid
    $2,628
    Interest paid
    $12,056
    Starting balance
    $186,663
  • Year 5$181,230
    Principal paid
    $2,804
    Interest paid
    $11,880
    Starting balance
    $184,035
  • Year 6$178,238
    Principal paid
    $2,992
    Interest paid
    $11,692
    Starting balance
    $181,230
  • Year 7$175,045
    Principal paid
    $3,193
    Interest paid
    $11,491
    Starting balance
    $178,238
  • Year 8$171,639
    Principal paid
    $3,407
    Interest paid
    $11,278
    Starting balance
    $175,045
  • Year 9$168,004
    Principal paid
    $3,635
    Interest paid
    $11,049
    Starting balance
    $171,639
  • Year 10$164,126
    Principal paid
    $3,878
    Interest paid
    $10,806
    Starting balance
    $168,004
First 10 of 30 years

Nearby

Courtesy of Keller Williams City-View · (210) 696-9996

Listings courtesy of ACTRIS as distributed by MLS GRID.