101 Kelly Emeralds RD
About This Property
Nestled among beautiful mature oak trees, the property offers privacy, space, & sweeping panoramic views of Lake Buchanan. With its multi-level design and spacious layout, this home is ideal for large family gatherings, corporate retreats, or a luxury short-term rental opportunity.
The main level welcomes you with a dramatic living room featuring vaulted ceilings and a cozy fireplace, along with a spacious living and dining area and expansive primary suite. The kitchen is recently remodeled and equipped with double ovens, Sub-Zero refrigeration, and ample workspace, while an oversized laundry room, powder bath, and large game room complete the first floor.
The second level is designed for rest , relaxation and watching the sunset from the second story balcony. A full secondary kitchen and a spacious living room create the perfect gathering space for guests.
On the third level, you will find a massive game room and another kitchen open onto a brand new deck overlooking the lake, offering more front-row views of the spectacular Lake Buchanan sunsets.
A private boat ramp, multiple garages and extra parking add to all this property has to offer giving owners additional privacy, expansion opportunities, or simply more room to enjoy the natural beauty of the Texas Hill Country.
Home may be negotiated to convey fully furnished, creating a truly turnkey lakefront retreat
With expansive living spaces, incredible lake views, mature oak trees, and nearly three acres of property, 101 Kelly Emerald Rd is a rare opportunity to own a premier Lake Buchanan estate.
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What does this mean?
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2026 | Price Increased |
$1,895,000
↑ $96K
(5.3%) | |
| Price Increased | |||
| Mar 15, 2026 | Listed by All City Real Estate Ltd. Co | $1,799,000 | |
| Listed by All City Real Estate Ltd. Co | |||
| May 25, 2020 | No longer available | - | |
| No longer available | |||
| Mar 9, 2020 | Relisted | $1,200,000 | |
| Relisted | |||
| Mar 7, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017