Perched high above a sprawling cove on Lake Travis, this
exceptional gated waterfront estate features a three-story main
home atop a dramatic 40-foot cliff, offering breathtaking panoramic
views, unmatched privacy, and 247 feet of owned waterfront. The
property includes a 4,200-square-foot main residence with 5
bedrooms and 3.5 bathrooms, complemented by a separate two-story
guest house with an additional 598 square feet, 1 bedroom, and 1
bathroom. Short term rentals allowable.
Designed to maximize its incredible setting, the home features
three expansive covered back decks overlooking the resort-style
swimming pool, cascading waterfall, spa, and the sparkling waters
of Lake Travis below.
Inside, soaring ceilings, abundant recessed lighting, and walls of
windows fill the home with natural light while framing spectacular
lake views. The open-concept kitchen features an extra-long granite
island, stainless steel appliances including a built-in microwave,
wall oven, and gas cooktop, plus a large bay window overlooking the
pool and lake. The kitchen flows seamlessly into the spacious
living and dining areas.
The entire third floor is dedicated to a private primary suite with
a sitting area, wet bar, private covered balcony overlooking the
pool and lake, oversized walk-in closet, and a double-sided
noncombustible fireplace shared between the bedroom and
spa-inspired bath. The ensuite features dual vanities and a
separate walk-in shower.
Interior finishes include carpet, tile, and stained concrete
flooring throughout. The detached two-story guest house provides
comfortable accommodations for family and guests or
multi-generational living.
Offering 4,798 square feet of combined living space, resort-style
outdoor amenities, 247 feet of owned Lake Travis waterfront, and an
extraordinary cliffside setting, this exceptional property delivers
luxury lake living at its finest.
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: 26 days ago (Unlock MLS #ACT4976013)
Price History
Date / Event
Date
Event
Price
Jul 23, 2026
Listed by eXp Realty, LLC
$1,475,000
Listed by eXp Realty, LLC
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Has Open Parking
Parking Features: Attached, Concrete, Covered, Direct Access, Driveway, Electric Gate, Garage, Garage Door Opener, Garage Faces Front, Inside Entrance, Kitchen Level, Side By Side, Door-Multi
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Bookcases, Built-in Features, Ceiling Fan(s), Tray Ceiling(s), Chandelier, Granite Counters, Stone Counters, Tile Counters, Double Vanity, Eat-in Kitchen, Entrance Foyer, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Storage, Track Lighting, Walk-In Closet(s), Wet Bar, Ceiling-High, Interior Steps, Multiple Dining Areas, Multiple Living Areas, Study/Home Office
Appliances: Bar Fridge, Built-In Electric Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Gas Cooktop, Microwave, Oven, Electric Oven, Refrigerator, Free-Standing Refrigerator, Stainless Steel Appliance(s), Water Heater, Water Softener, Water Softener Owned, Built-In Oven(s)
Flooring Type: Carpet, Concrete, Tile
Has Fireplace
Fireplace Features: Double Sided, Gas, Gas Log, Gas Starter, Glass Doors, Living Room, Bedroom, Raised Hearth, Sealed Combustion, See Through
Waterfront Features: Lake Front, Lake Privileges, Waterfront, See Remarks
Waterbody Name: Lake Travis
Levels: Three Or More
Other Structures: Guest House, Second Residence, Storage
Window Features: Bay Window(s), Blinds, Window Treatments
Construction Materials: Stucco, Masonry – All Sides
Patio and Porch Features: See Remarks, Covered, Front Porch, Patio, Porch, Rear Porch
Pool Features: In Ground, Outdoor Pool, Waterfall
Pool is Private
Lot Features: Back Yard, Landscaped, Native Plants, Private, Sloped Down, Sprinklers In Rear, Sprinklers In Front, Wooded, Many Trees, Views, Public Maintained Road, Sprinkler - Automatic, Sprinklers On Side
Lot Size Area: 39204
Lot Size Units: Square Feet
Lot Size Acres: 0.9
Lot Size Square Feet: 39204
Lot Size Dimensions: 277x123x124x164x204
Water Source: Well
Financial Details
Tax Map Number: 112
Tax Assessed Value: $1,075,198
Tax Annual Amount: $20,258
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric
Heating Type: Central, Electric, Fireplace(s), Hot Water, Propane
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Amenities: Picnic Area
HOA Fee: $45
HOA Fee Frequency: Annually
Building Info
Overview
General
Year Built:
2005
Effective Year Built:
2005
Building Count:
2
Bedroom Count:
0
Bathroom Count:
5
Full Bathrooms:
4
Partial Bathrooms:
5
Building Condition:
3
Building Quality:
4
Construction Type:
12
Building Style:
0
Exterior Walls Type:
0
Interior Walls Type:
0
Roof Shape Type:
8
Roof Cover Type:
18
Floor Count:
300
Living Units:
1
Floor Cover:
0
Basement Type:
0
Basement Area:
0
Garage Type:
1
Garage Square Area:
697
Parking Space Count:
2
Patio Type:
0
Porch Type:
7
Pool Type:
8
Dimensions
Lot Size Square Feet:
39,204
Lot Size Frontage Feet:
2,370
Total Building Area:
5,494
Gross Building Area:
5,494
Building Area:
4,797
Building Area Measurement:
L
Heating and Cooling
Fireplace Count:
1
Air Conditioning:
1
Heating:
3
Heated Square Feet:
4,797
Heating Fuel Type:
0
Utilities
Sewer System:
0
Water Service:
0
Building
Building Type:
0
Property Class:
R
Subdivision:
TRAILS END SUBD RESUB NO 2
Land Acres:
0000000900
Standard Land Use Code:
1001
County Land Use Code:
A1
State Land Use Code:
A1
Legal Description 1:
LOT 112 TRAILS END SUBD RESUB NO 2 & PT OF LT 16 RED WAGON RANCHETTES SEC 2
Neighborhood
School District Name:
Leander Independent School District
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