1013 Council ST
About This Property
Perched among towering live oaks on a quiet, deep-water cove, this 3-bedroom, 3-bathroom home (plus an office/4th bedroom flex space) offers a lifestyle defined by water and wood. Inside, soaring wood ceilings and three wood-burning fireplaces create a warm, organic atmosphere, complemented by bamboo flooring and artisan details like hand-painted Tunisian tiles and custom stained glass.
Property Highlights:
Panoramic Views: Every bedroom features a private balcony overlooking the shimmering waters of Lake Buchanan.
Chef's Kitchen: Equipped with double ovens, updated appliances, custom cabinetry, and a charming garden window.
Outdoor Living: A massive deck (pre-wired for a hot tub) and a floating boat house provide front-row seats to the best of the Highland Lakes.
Turn-Key Ready: The boathouse, boat, all appliances, and most furniture can convey-making this a seamless transition to lake life.
Located in an HOA that allows short-term rentals, this "treehouse-style" home is perfectly positioned to attract vacationers seeking a blend of rustic charm and modern luxury.
Located just a mile from the adrenaline-pumping trails of Spider Mountain and Reveille Peak Ranch, and a short drive to local vineyards, this is the ultimate basecamp for adventure.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 5, 2026 | In contract | - | |
| In contract | |||
| Apr 18, 2026 | Price Decreased |
$549,000
↓ $50K
(8.4%) | |
| Price Decreased | |||
| Mar 27, 2026 | Price Decreased |
$599,000
↓ $40K
(6.3%) | |
| Price Decreased | |||
| Mar 12, 2026 | Listed by Keller Williams Lonestar DFW | $639,000 | |
| Listed by Keller Williams Lonestar DFW | |||
| Feb 1, 2026 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017