4501 Lava Island Drive, Austin, TX 78747

Virtual Tour

Ready date:: May 31, 2026

Price: $442,990 ( ) Estimate Your Monthly Payment

open now

Cascades at Onion Creek Sales Office

2701 Sebring Circle
Austin, TX 78747

Mon: 10:00AM - 6:00PM
Tue: 10:00AM - 6:00PM
Wed: 10:00AM - 6:00PM
Thu: 10:00AM - 6:00PM
Fri: 10:00AM - 6:00PM
Sat: 10:00AM - 6:00PM
Sun: 12:00PM - 6:00PM

Get Directions

square feet 2,543
stories 2
bedrooms 5
full bathrooms 3
half bathrooms 0
garages 2 (Front Load)

City: Austin, TX
Owner's Suite: First Floor
County: Travis
Home Type: Single Family Home
School District: Austin ISD
Foundation Type: Slab
Home Plan: Caprock
Homesite: 3901
Base Plan Width & Depth: 38 x 54

Part of the Smart Series Hide

Part of the Smart Series

With plans ranging from 1,553–2,778 square feet and 3–5 bedrooms, our Smart Series homes offer spacious, versatile living for every lifestyle. Enjoy professionally curated design packages that make styling effortless, along with energy efficient features that save you money for years to come.

Learn More

New 5-Bedroom Home for Sale in Austin, Texas

Discover this exceptional new construction home at 4501 Lava Island Drive in Austin, Texas, built by M/I Homes. This thoughtfully designed 2,543 square foot home features an open-concept living space that seamlessly connects the main living areas, creating an inviting atmosphere for daily life and entertaining.

The home includes:

5 bedrooms, 3 full bathrooms
Deluxe owner's en-suite bathroom
Covered patio
First-floor owner's suite
Game room

Located in a desirable Austin neighborhood, this home offers convenient proximity to local parks, providing easy access to outdoor recreation and green spaces. The thoughtful design showcases quality craftsmanship and attention to detail that M/I Homes is known for delivering.

The owner's bedroom is strategically positioned on the main level, offering privacy and convenience. The remaining 4 bedrooms provide flexibility for family needs, home offices, or guest accommodations. The 3 full bathrooms are well-appointed and strategically placed throughout the home.

This new construction home represents an opportunity to be the first owner of a quality-built home in Austin's growing market. The open-concept design maximizes the 2,543 square feet, creating spacious living areas that flow naturally from room to room.

Contact our team to learn more about 4501 Lava Island Drive!

About the Community

Located just minutes from Downtown Austin, our latest new home community, Cascades at Onion Creek, offers single family homes located within Austin ISD with 4 single-story floorplans and 3 2-story floorplans, ranging in size from 1,553–2,728 square feet. This south Austin community is perfect for young professionals, those just starting a family, and those looking to downsize.
Learn more about this community »

Upcoming Events

Feb 13, 2026, 3:00 PM - 6:00 PM

Join us for our Valentine's Day Build-A-Bouquet event—RSVP today!

RSVP for this event »

Interactive Map

open now

Cascades at Onion Creek Sales Office

2701 Sebring Circle
Austin, TX 78747

Mon: 10:00AM - 6:00PM
Tue: 10:00AM - 6:00PM
Wed: 10:00AM - 6:00PM
Thu: 10:00AM - 6:00PM
Fri: 10:00AM - 6:00PM
Sat: 10:00AM - 6:00PM
Sun: 12:00PM - 6:00PM

Limited-Time Offer: 3.99% Rate* / 5.316% APR* with a 7/6 ARM Fixed for 7 Years*

Make your dream of homeownership a reality. Discover how you could lock in an incredible 3.99% Rate* / 5.316% APR* with a 7/6 ARM Fixed for 7 Years* offered through M/I Financial, LLC—an exclusive, limited-time opportunity!

View Details

Add the perfect finishing touch

Put your personal touch on these Quick Move-In Homes with some selections from our Design Studio.

Visit a Design Studio

Incentives

View Details »

The New Year brings fresh possibilities and even better opportunities to lock in below market rates on a 30 Year Conventional loan through the use of M/I Financial LLC. From lower payments with great rates to exclusive savings on select homes, turn your new home goals into a reality in 2026.

View Details »

Floorplan Options for Your New Home

The Caprock accommodates a variety of household living arrangements with its highly desired flexibility and modern design. Explore the many possibilities in the popular Caprock plan.

Show Floorplan

Ready to plan a visit? We can help

Send us your preferred time to stop by and a sales representative will take care of the rest

Full Name

Email Address

Phone Number (Optional)

Questions or Comments

Preferred Day (Optional)

Preferred Time (Optional)

I am a licensed real estate agent. Email me about featured products, events and promotions in my area Text me about featured products, events and promotions in my area I would like to communicate with M/I Homes associates via text

Create an account in 30 seconds

Save your favorite communities, homes, and searches to help you find the home of your dreams. All you need is a password.

Password must be at least 8 characters and contain at least 3 of these character types.

Other Quick Move-In Homes

Caprock

4508 Bridal Veil Drive, Austin, Texas

Listed at $420,990

Caprock

4701 Lava Island Drive, Austin, Texas

Listed at $430,990

Caprock

4609 Lava Island Drive, Austin, Texas

Listed at $433,990

4501 Lava Island Drive, Austin, TX 78747

Cascades at Onion Creek Sales Office