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Capstone Custom Homes for Sale

Capstone Custom Homes is a boutique residential builder active in the Austin and Dripping Springs markets. With a selective footprint across a few well-chosen communities, Capstone focuses on custom and semi-custom construction that gives buyers a more personalized building experience. Their current active listing in Valley Lake Hills is priced at $618,000 with 3 bedrooms, 3 bathrooms, and 2,108 square feet of living space. The builder has also placed homes in Lake Oak Estates and Greenshores, a lakeside community along Lake Austin where historical Capstone sales have exceeded $1 million.

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About Capstone Custom Homes for Sale

About Capstone Custom Homes

Capstone Custom Homes is a small, independent builder serving a select group of communities in and around Austin, TX. As a boutique operation, Capstone takes on a limited number of projects at a time, which allows for a closer relationship between builder and buyer. If you're used to the experience of touring model homes at a large production community, working with Capstone will feel different, and for many buyers, that's a welcome change.

Rather than building dozens of homes simultaneously across a sprawling development, Capstone builds individual homes in established neighborhoods. That means less uncertainty about future phases and more focus on the specific property in front of you. The MLS history for this builder shows homes placed in three distinct communities across two cities, which reflects a deliberate, quality-over-quantity approach to residential construction.

Where Capstone Custom Homes Builds

Capstone has built homes in three communities in the Austin area, each with its own character and appeal.

Valley Lake Hills (Dripping Springs) is where Capstone has the deepest presence, with multiple homes on record in this Texas Hill Country neighborhood. Valley Lake Hills sits west of Austin in Dripping Springs, offering more land and a quieter pace of life while remaining within reach of the city. Capstone's current active listing is located here. Explore current listings in Valley Lake Hills to see what's available.

Lake Oak Estates is another community where Capstone has built. There are no active Capstone listings there at this time, but the neighborhood has a track record with this builder. Browse current listings in Lake Oak Estates to see the broader market.

Greenshores is a well-regarded Austin community situated along Lake Austin. Capstone has built in Greenshores, and historical MLS records show a home there that listed at $1,090,000 and sold for $1,005,000. It's a premium location, and Capstone has demonstrated the range to build at that level. See current availability in Greenshores.

Price Range and Home Styles

Capstone Custom Homes doesn't build to a single floor plan or price point. Their current active listing in Valley Lake Hills is priced at $618,000 for a 3-bedroom, 3-bathroom home with 2,108 square feet. That works out to roughly $293 per square foot, which is a competitive rate for new construction in the Dripping Springs corridor.

Looking at the full historical record, Capstone has built homes ranging from more modest construction in the mid-$300,000s in Valley Lake Hills to luxury custom work in Greenshores that closed above $1 million. Home sizes in the data range from around 1,565 to 3,930 square feet, with bedroom counts from 3 to 4 and bathroom counts from 2 to 4. That kind of range is exactly what you'd expect from a true custom builder, where each project reflects the buyer's program rather than a standardized plan set.

What to Expect from a Capstone Custom Home

Buying from a boutique custom builder like Capstone is a different process than buying from a national homebuilder. There's no design center with hundreds of pre-packaged options and no team of sales representatives walking you through fixed upgrade menus. Instead, you're likely working with a smaller team that has direct knowledge of every project they've built and a genuine stake in the outcome.

The communities Capstone operates in are established subdivisions with existing infrastructure, so buyers aren't taking on the uncertainty of a raw new development that hasn't proven itself yet. Valley Lake Hills, for example, is a mature neighborhood in Dripping Springs with roads, utilities, and neighboring homes already in place. That context gives a custom build more stability than breaking ground in an unfinished community.

If you're considering a Capstone home, it's worth working with a buyer's agent who knows the Austin new construction market. A good agent can review the builder contract on your behalf, help you understand what's included in the base price versus what costs extra, and represent your interests throughout the transaction at no cost to you as the buyer. The team at Neuhaus Realty Group works with new construction buyers across Austin and the Hill Country and can help you navigate the Capstone purchase process from first showing to closing.

Frequently Asked Questions

Where does Capstone Custom Homes build in the Austin area?
Capstone Custom Homes has built in three communities: Valley Lake Hills in Dripping Springs, Lake Oak Estates, and Greenshores in Austin. Their most active location is Valley Lake Hills, where they have a current listing and a history of prior sales.
What is the price range for Capstone Custom Homes?
Capstone homes have ranged widely depending on the community and project scope. Their current active listing in Valley Lake Hills is priced at $618,000. Historical MLS records show past sales as low as $329,000 in Valley Lake Hills and as high as $1,005,000 in the Greenshores community along Lake Austin. As a custom builder, each project is priced individually based on size, finishes, and lot.
Are there any Capstone Custom Homes for sale right now?
Yes. Capstone currently has one active listing: a 3-bedroom, 3-bathroom home with 2,108 square feet in Valley Lake Hills in Dripping Springs, listed at $618,000. Boutique builders like Capstone carry limited inventory at any given time, so it's worth connecting with an agent early if this fits your search.
What types of homes does Capstone Custom Homes build?
Capstone builds residential homes in established neighborhoods. Based on available MLS data, their homes range from 3 to 4 bedrooms and 2 to 4 bathrooms, with square footage running from around 1,565 to 3,930 square feet depending on the project. As a custom builder, they have flexibility to adjust plans to suit the buyer's needs and the specific lot.
Is Capstone Custom Homes a custom or production builder?
Capstone Custom Homes operates as a boutique custom builder. They build in a small number of select communities rather than large master-planned developments, and their overall project volume reflects a smaller, more focused operation. Buyers working with Capstone typically have more direct access to the builder and more input into the final product compared to buying from a large production homebuilder.
Can I use a buyer's agent when purchasing a Capstone Custom Home?
Yes, and it's strongly recommended. A buyer's agent reviews the builder contract, helps you understand what's included versus what costs extra, and represents your interests throughout the transaction at no cost to you as the buyer. The team at Neuhaus Realty Group works with new construction buyers across Austin and Dripping Springs and can guide you through the entire process.

Recent Homes by Capstone Custom Homes

15102 Bowling LN, Austin TX 78734 Lake Oak Estates Sec 01 · Austin
Off Market
4 bd · 2.0 ba · 1,560 sqft
507 El Paso ST, Austin TX 78704 Hunter Add · Austin
Off Market
4 bd · 3.0 ba · 2,625 sqft
17204 Deer Creek Skyview, Dripping Springs TX 78620 Valley Lake Hills Sec 01 · Dripping Springs
Off Market
3 bd · 2.0 ba · 1,565 sqft
10305 Lake Beach DR, Dripping Springs TX 78620 Mountain Creek Lakes Sec 01 · Dripping Springs
Off Market
3 bd · 3.0 ba · 2,399 sqft
212 Neville Wood CT, Austin TX 78738 Flintrock At Hurst Creek Ph 01 · Austin
Off Market
3 bd · 4.0 ba · 3,041 sqft
15002 Bowling LN, Austin TX 78734 Lake Oak Estates Sec 01 · Austin
Off Market
4 bd · 2.0 ba · 1,560 sqft
7008 Oak Shores DR, Austin TX 78730 Greenshores On Lake Austin Ph 01 · Austin
Off Market
4 bd · 4.0 ba · 3,930 sqft
Ed Neuhaus, Austin Realtor

Ed Neuhaus

Broker / Owner, Neuhaus Realty Group · TREC #593057

Licensed Texas Realtor since 2007 serving Austin and the Hill Country. Investor, STR operator, and straight-talking advisor for buyers, sellers, and investors. 16 five-star reviews.

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Listing data provided by ACTRIS MLS. Information deemed reliable but not guaranteed. © 2026 Austin Central Texas Realty Information Service.

Ed Neuhaus

Austin Real Estate Broker, Investor, and Pilot. Helping Texans buy, sell, and invest in real estate since 2007.

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