Striking 4,595 square foot residence set on a half acre greenbelt
homesite with unobstructed views of the Balcones Canyonlands and
the Austin skyline. This two story home features five bedrooms, six
full baths, and one half bath, including a main level bedroom and
dedicated office space. Thoughtfully designed living spaces include
a family room, formal living, game room, media room, loft, and home
theater. The gourmet kitchen is equipped with a built in oven,
convection oven, cooktop, microwave, dishwasher, disposal,
refrigerator, breakfast area, breakfast bar, center island, natural
stone counters, and a walk in pantry, all open to the family room
for seamless entertaining. Luxurious wood flooring, high ceilings,
double pane windows, programmable thermostat, and energy efficient
features enhance both comfort and performance. The primary suite
offers double vanities, garden tub, separate shower, sitting area,
and walk in closet. Outdoor living is equally impressive with
covered and uncovered patios, automatic sprinkler system, and a
resort style heated pool and spa overlooking the greenbelt. A three
car attached garage completes the home.
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.
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