POOL. Circular drive. ALL single-story, timeless
Mediterranean +/- 1/3 acre corner lot in charming Old Lakeway. NO
HOA. 2015 Roof. 3 car side-entry garage. Wrought iron and glass
doors. One-owner, quality-built custom home by Cantera Builders.
2008 build. Newer than other homes in the area. 8 ft doors. 11 and
12 ft ceilings. Graceful arches. Carpet (new 5/2026), only in
bedrooms and bedroom hall. Study/bedroom 5: Wood floors, glass
doors, and a closet. Dining room has chandelier and an arched
window. Kitchen and Butler's pantry (with wine fridge), have Alder
cabinetry. Granite. WI pantry. Island prep sink. SS appliances, gas
cooktop, built-in wall oven and micro. Pendant lights. Breakfast
area. Living room has wood beams, a wood-burning fireplace, and
views the yard and pool. Perfect multi-generational plan. 4
bedrooms, 3 baths + study/bedroom 5. Main suite is light and
airy. Ext. wall space. Wood beams. Fan. Double-doors to the
ensuite. Garden tub and tiled shower with seat. 2 vanities. Wired
for a TV. WI closet has built-in cubbies and ext. shelving. Other
wing on its own HVAC. Hobby/desk space with counters and cabinets.
Bedroom 2 has ensuite, Jack and Jill bath at bedrooms 3 and 4.
Ceiling fans and blinds. Pocket doors and storage. Laundry room has
cabinets and counters + fridge space. Mud area. Huge garage. Bench
and storage stay. Terrace has wood ceiling, a tv, and bbq hook-up.
Pool has rock waterfall. Bubbler on pavilion for loungers. Huge
patio. Low maintenance landscaping. Planting beds. Green space at
the side yard for pups. Fully fenced. Sprinklers.
Lake Travis ISD. Minutes from Lakeway City Park, Hamilton
Greenbelt, Ranger Field, Lakeway Resort and Spa, golfing, marinas,
boating, kayaking, and trails to walk and run. Shopping, coffee,
dining, library, and medical. HEB under 4 miles away. 22 miles from
DT Austin. Close to the Hill Country. Verify locations, distances,
schools, measures, materials, amenities, and any other details of
importance to you.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Interior Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), Beamed Ceilings, Tray Ceiling(s), Chandelier, Granite Counters, Entrance Foyer, High Speed Internet, In-Law Floorplan, Kitchen Island, Natural Woodwork, Open Floorplan, Pantry, Recessed Lighting, Soaking Tub, Storage, Walk-In Closet(s), Wired for Sound, Ceiling-High, Multiple Dining Areas, No Interior Steps, Primary Bedroom on Main, Study/Home Office
Appliances: Built-In Electric Oven, Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, Self Cleaning Oven, Stainless Steel Appliance(s), Wine Refrigerator, RNGHD
Flooring Type: Carpet, Tile, Wood
Has Fireplace
Fireplace Features: Gas, Living Room, Masonry, Raised Hearth, Stone
Fireplaces: 1
Exterior Details
Square Footage: 3253
Square Footage Source: $0
Green Sustainability
Security Features: Prewired, Smoke Detector(s)
Property Condition: Resale
Year Built Source: Public Records
Year Built: 2008
Waterfront Features: None
Builder Name: Cantera Builders
Levels: One
Other Structures: None
Window Features: Blinds, Vinyl Windows
Construction Materials: Stone Veneer, Masonry – All Sides
Patio and Porch Features: Covered, Patio, Side Porch
Pool Features: In Ground, Outdoor Pool, Waterfall
Pool is Private
Lot Features: Back Yard, Corner Lot, Front Yard, Irregular Lot, Landscaped, Level, Private, Sprinklers In Rear, Sprinklers In Front, Wooded, Sprinkler - Automatic, Sprinklers On Side
Lot Size Area: 14679.72
Lot Size Units: Square Feet
Lot Size Acres: 0.337
Lot Size Square Feet: 14679.72
Water Source: MUD
Financial Details
Tax Map Number: 3062
Tax Assessed Value: $981,638
Tax Annual Amount: $18,128
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Fireplace(s)
Sewer : MUD
Location Details
HOA/Condo/Coop Amenities: Trail(s)
Building Info
Overview
General
Year Built:
2008
Effective Year Built:
2008
Building Count:
1
Bedroom Count:
0
Bathroom Count:
4
Full Bathrooms:
3
Partial Bathrooms:
4
Building Condition:
6
Building Quality:
7
Construction Type:
0
Building Style:
0
Exterior Walls Type:
0
Interior Walls Type:
0
Roof Shape Type:
8
Roof Cover Type:
3
Floor Count:
100
Floor Cover:
0
Basement Type:
0
Basement Area:
0
Garage Type:
1
Garage Square Area:
852
Parking Space Count:
3
Patio Type:
20
Porch Type:
7
Pool Type:
8
Dimensions
Lot Size Square Feet:
14,672
Total Building Area:
3,995
Gross Building Area:
3,995
Building Area:
3,143
Building Area Measurement:
L
Heating and Cooling
Fireplace Count:
1
Air Conditioning:
1
Heating:
3
Heated Square Feet:
3,143
Heating Fuel Type:
0
Utilities
Sewer System:
0
Water Service:
0
Building
Building Type:
0
Property Class:
R
Subdivision:
LAKEWAY SEC 29
Land Acres:
0000000337
Standard Land Use Code:
1001
County Land Use Code:
A1
State Land Use Code:
A1
Legal Description 1:
LOT 3062 LAKEWAY SEC 29
Neighborhood
School District Name:
Lake Travis Independent School District
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