Cascades At Onion Creek · M/I Homes · Austin, TX
4620 Lava Island Drive
$384,990
4 bd · 2.5 ba · 2,323 sqft · 2-car garage
Buyer leverage
4 observable signals
- $36/sqft below community median$166/sqft vs $202/sqft
- $28k published incentive
- 1 community price cut in 30 days
- 18 quick move-ins currently observed0 ready now
Observed records, not appraisals or recommendations.

Builder image. May be a rendering or another home built to this plan.
Source: M/I HomesChecked 1 hour ago
The plan
See the plan on M/I HomesSpecification
- Plan
- —
- Total area
- 2,323 sqft
- Bedrooms
- 4
- Bathrooms
- 2.5
- Storeys
- 2
- Garage
- 2 car
Drawn by dwellmark.house from M/I Homes’s published area, storeys and garage bays, not copied from their floor plan. The outline, the 10ft × 20ft bay and the split between floors are ours.
Price history
Current
$384,990
Since first observed
No net change
—
Price changes
0
0 cuts
Tracked
10 days
since Aug 16, 2026
First seen
$384,990
First seen
$384,990
What we observed on the builder’s public listing; earlier changes are not shown.
Builder incentives
Price reduction
$27,750
Price reduction
Applies to this home
Reduced from $412,740 to $384,990.
Published with conditions; may not apply to this home.
Offer history
Dated from when we observed each change, not when the builder made it.
Community context
Austin, TX · M/I Homes
Available now
18
Ready now
0
Cuts, 30 days
1
Median asking
$392,990
Median $/sqft
$202/sqft
this home $166/sqft
Medians of what is listed here today. Size, lot and finish vary, so a $/sqft gap is not evidence of over- or under-pricing.
Compare current inventory
Sorted by asking price. No winner is selected.
| Home | Asking | Sqft | $/sqft | Price change | Completion | Incentive |
|---|---|---|---|---|---|---|
| 4517 Lava Island Drive | $343,990 | 1,553 | $222/sqft | ↓ $5k | In progress | None found |
| 4516 Lava Island Drive | $344,990 | 1,640 | $210/sqft | No net change | In progress | None found |
| 4512 Bridal Veil Drive | $354,990 | 1,553 | $229/sqft | No net change | In progress | None found |
| 4600 Lava Island Drive | $364,990 | 1,553 | $235/sqft | No net change | Builder says under construction · Oct 2026 | None found |
| 4516 Bridal Veil Drive | $379,990 | 1,640 | $232/sqft | No net change | Builder says under construction · Nov 2026 | None found |
| 4513 Bridal Veil Drive | $383,990 | 1,553 | $247/sqft | No net change | Builder says under construction · Nov 2026 | None found |
| 4620 Lava Island DriveThis home | $384,990 | 2,323 | $166/sqft | No net change | Builder says under construction · Aug 2026 | $28k |
Not published
$343,990
- Size
- 1,553 sqft
- $/sqft
- $222/sqft
- Price change
- ↓ $5k
Not published
$344,990
- Size
- 1,640 sqft
- $/sqft
- $210/sqft
- Price change
- No net change
Not published
$354,990
- Size
- 1,553 sqft
- $/sqft
- $229/sqft
- Price change
- No net change
Builder says under construction · Oct 2026
$364,990
- Size
- 1,553 sqft
- $/sqft
- $235/sqft
- Price change
- No net change
Builder says under construction · Nov 2026
$379,990
- Size
- 1,640 sqft
- $/sqft
- $232/sqft
- Price change
- No net change
Builder says under construction · Nov 2026
$383,990
- Size
- 1,553 sqft
- $/sqft
- $247/sqft
- Price change
- No net change
4620 Lava Island Drive
This home
$384,990
- Size
- 2,323 sqft
- $/sqft
- $166/sqft
- Price change
- No net change
Recent activity in Cascades At Onion Creek
- New home listed$384,990
4620 Lava Island Drive

4620 Lava Island Drive
Cascades At Onion Creek · M/I Homes
Available · Austin
$384,990
Current asking
4 bd2.5 ba2,323 sqftView home - Price cut$348,990 → $343,990
4517 Lava Island Drive

4517 Lava Island Drive
Cascades At Onion Creek · M/I Homes
Available · Austin
$343,990
Current asking
3 bd2 ba1,553 sqftView home - Removed from builder site
4620 Lava Island Drive

4620 Lava Island Drive
Cascades At Onion Creek · M/I Homes
Available · Austin
$384,990
Current asking
4 bd2.5 ba2,323 sqftView home - New home listed$399,990
4717 Lava Island Drive

4717 Lava Island Drive
Cascades At Onion Creek · M/I Homes
Available · Austin
$399,990
Current asking
4 bd2.5 ba2,323 sqftView home - New home listed$404,990
4713 Lava Island Drive

4713 Lava Island Drive
Cascades At Onion Creek · M/I Homes
Available · Austin
$404,990
Current asking
3 bd2 ba1,640 sqftView home