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10808 Timber CIR
About This Property
The garage is a true bonus with massive ceilings & custom storage, complete with its own mini split system for those who like to tinker in the garage. This home also includes an outdoor Tesla charging station. Fully fenced back yard for privacy. Mature live oaks frame the home, and the large front yard offers endless potential.
The location is just as impressive. Situated right off Highway 12 in Dripping Springs, this home offers the perfect balance of Hill Country serenity and everyday convenience. You're minutes from shopping, dining, wineries, breweries, and outdoor adventures, while still enjoying an easy commute to Austin and surrounding areas. Even better, this home feeds into Lake Travis ISD, one of the most highly regarded school districts in Central Texas. Known for its strong academic performance, award-winning extracurricular programs, and well-rounded student opportunities, Lake Travis ISD consistently earns top ratings-making it a major draw for buyers seeking long-term value and an exceptional community.
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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 |
|---|---|---|---|
| Feb 3, 2026 | In contract | - | |
| In contract | |||
| Dec 19, 2025 | Listed by eXp Realty, LLC | $425,000 | |
| Listed by eXp Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017