10229 Oliver DR
About This Property
Completely remodeled in 2022, this 3 bed / 3 bath single story residence blends warmth and timeless Texas character throughout. Hardwood floors, plantation shutters, abundant natural light and gas log fireplace create interiors that feel inviting and grounded. Also includes dedicated dining, office, workshop and craft room. What truly sets this property apart is the land itself and the endless possibilities it creates. Fully fenced, gated and exceptionally private, with high fencing along two sides. Multiple detached outbuildings already equipped with plumbing and electricity open the door for future guest houses, casitas, workshops, RV storage, party barns, creative studios, hobby spaces, or multigenerational living opportunities. Here, the vision is entirely yours to create.
The grounds have been meticulously maintained and include a private well dedicated to irrigation, a 3,000-gallon storage tank, dual points of entry for easy equipment access, and perhaps the most impressive chicken coop Austin has ever seen!
Backing to more than 362 acres of conservation land. the property delivers a level of peace, privacy, and natural beauty that feels increasingly impossible to find within Austin city limits. Where mornings are quiet, the stars feel brighter, and the pace of life naturally slows down without sacrificing convenience.
For buyers craving space, flexibility, privacy, and a true Austin-forward Hill Country lifestyle, Oliver Drive is an extraordinary opportunity to create something deeply personal and entirely your own. Furniture negotiable.
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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 |
|---|---|---|---|
| Oct 7, 2026 | Relisted | $1,675,000 | |
| Relisted | |||
| Sep 30, 2026 | In contract | - | |
| In contract | |||
| Aug 22, 2026 | Price Decreased |
$1,675,000
↓ $120K
(6.7%) | |
| Price Decreased | |||
| Jun 22, 2026 | In contract | - | |
| In contract | |||
| Jun 16, 2026 | Listed by Travis Real Estate | $1,795,000 | |
| Listed by Travis Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017