The Aspen offers 5 beds, 3.5 baths, and 3,895 sqft includes a
spacious media room, large gameroom, and an open-concept family
room that connects to the gourmet kitchen and breakfast. Custom
cabinetry, 63-inch soft-close cabinets, a dual-fuel JennAir
professional range, and elegant finishes. A soaring 20-foot entry
sets the tone, showcasing a curved staircase and wide-plank
hardwood floors that continue through the entry, formal dining, and
study. Two separate office spaces for work-from-home needs or
creative pursuits. The first-floor primary suite with a spa-style
bath that includes a freestanding tub, walk-in shower, split
vanities, built-in cabinetry, and walk-in closet with direct access
to utility. Upstairs, you'll find four large beds, two baths, a
gameroom, covered balcony with Hill Country views, and a separate
media room. This home also features a 3-car garage,
energy-efficient spray foam insulation, Andersen windows, tankless
water heater, and fresh air intake system. Located within walking
distance of River Place Elementary and zoned to top-rated
Vandegrift High, with close proximity to River Place Country Club
and Sun Tree Park. Luxury, comfort, and Hill Country views-all in
one extraordinary package.
Residents enjoy access to some of the area's top schools, including
River Place Elementary and Vandegrift High School. Nearby amenities
include Sun Tree Park, River Place Country Club, and miles of
scenic greenbelt trails. The community is also just minutes from
Broadcom's Austin campus, along with a wealth of other major tech
employers in the Four Points area. Residents have access to a
private marina for swimming, boating, waterskiing, and other
activities on the lake. At the River Place Country Club, residents
can play golf or tennis, enjoy the fitness center, massage
facility, swimming pool, and dining room. River Place Country Club
1.4 mi, River Place Nature Trail 2.3 mi, Bull Creek District Park
3.6, Quarry Lake 6.3 mi, Sun Tree Park 1.2 mi
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.
Last updated: 23 days ago (Unlock MLS #ACT8410520)
Price History
Date / Event
Date
Event
Price
Aug 21, 2026
Price Increased
$1,749,990
↑ $100K
(6.1%)
Price Increased
Aug 6, 2026
Price Increased
$1,649,990
↑ $50K
(3.1%)
Price Increased
Jul 24, 2026
Price Decreased
$1,599,990
↓ $25K
(1.5%)
Price Decreased
Jul 17, 2026
Price Decreased
$1,624,990
↓ $25K
(1.5%)
Price Decreased
May 8, 2026
Price Decreased
$1,649,990
↓ $25K
(1.5%)
Price Decreased
Mar 27, 2026
Price Decreased
$1,674,990
↓ $25K
(1.5%)
Price Decreased
Dec 12, 2025
Price Decreased
$1,699,990
↓ $50K
(2.9%)
Price Decreased
Nov 7, 2025
Price Decreased
$1,749,990
↓ $50K
(2.8%)
Price Decreased
Oct 7, 2025
Price Decreased
$1,799,990
↓ $50K
(2.7%)
Price Decreased
Sep 13, 2025
Price Decreased
$1,849,990
↓ $50K
(2.6%)
Price Decreased
Aug 5, 2025
Withdrawn
-
Withdrawn
Aug 4, 2025
Listed by Outlaw Realty
$1,899,990
Listed by Outlaw Realty
Jul 4, 2025
Price Decreased
$1,899,990
↓ $50K
(2.6%)
Price Decreased
May 23, 2025
Price Increased
$1,949,990
↑ $150K
(8.3%)
Price Increased
Apr 4, 2025
Price Decreased
$1,799,990
↓ $9
(0%)
Price Decreased
Apr 2, 2025
Listed by Legacy Austin Realty
$1,799,999
Listed by Legacy Austin Realty
Introducing Milky Way at River Place – A Rare Opportunity in Luxury Living. M Signature proudly presents Milky Way at River Place, the first new home community in this prestigious area in over a decade. Located at 10103 Milky Way , this exquisite residence offers the perfect blend of modern luxury and natural beauty, featuring a spacious 3-car garage.
Step inside to discover a designer kitchen equipped with custom cabinetry, a professional dual-fuel range, and 63-inch cabinets, all complimented by stunning hard wood floors throughout. The interior design effortlessly combines timeless elegance with high-end finishes, creating a sophisticated yet inviting atmosphere.
This home boasts a soaring 20-foot entryway, a formal dining room, and two dedicated office spaces, perfect for today’s modern lifestyle. For those who love to entertain, the outdoor kitchen provides the ideal setting for gatherings with family and friends. Don’t miss your opportunity to own a one-of-a-kind home in this highly sought-after community.
Interior Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), Tray Ceiling(s), Chandelier, Double Vanity, Entrance Foyer, High Speed Internet, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Storage, Walk-In Closet(s), Ceiling-High, Quartz Counters, Interior Steps, Multiple Dining Areas, Multiple Living Areas, Primary Bedroom on Main
Appliances: Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Gas Range, Microwave, Double Oven, Stainless Steel Appliance(s), Vented Exhaust Fan, Water Heater, Tankless Water Heater
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