39
Map
10908 River Terrace CIR
About This Property
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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%.
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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.
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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 9, 2026 | In contract | - | |
| In contract | |||
| Apr 18, 2026 | Price Decreased |
$2,995,000
↓ $255K
(7.9%) | |
| Price Decreased | |||
| Mar 31, 2026 | Price Decreased |
$3,250,000
↓ $150K
(4.4%) | |
| Price Decreased | |||
| Feb 9, 2026 | Listed by Compass RE Texas, LLC | $3,400,000 | |
| Listed by Compass RE Texas, LLC | |||
| Oct 17, 2023 | Listed by Moreland Properties | $3,500,000 | |
| Listed by Moreland Properties | |||
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The best deal you can find with a boat dock on Lake Austin!
Panorama Ranch is made up of just 20 properties. It's at the bottom of picturesque Commons Ford Road, and once you arrive, you're in a world of your own. It feels like a throwback to a community from decades ago where the pace is relaxed, and neighbors look after one another. As you pull into the neighborhood, it's hard not to see somebody walking their dog, or kids with their friends playing in the open meadow or getting suited up to go out on the boat.
What makes Panorama Ranch so unique is its access to Lake Austin. There are 11 homes directly on the water and the remaining homesites all enjoy a private boat slip within the neighborhood. This home is one of the lucky ones that comes with a two-story dock. There's a patio above and a gate where you can jump off into the waters of Lake Austin below.
The home is over 3,000 square feet and looks like it belongs on the pages of Architectural Digest - which is only fitting seeing as it was designed by acclaimed architect Jeffrey Berkus as his own personal residence. The home was most recently updated in 2021 and you're going to find a turnkey opportunity that doesn't even need a fresh coat of paint. In addition to the main house is a beautiful, detached home office, and guest bedroom.
These owners have enjoyed raising their children and living here for more than 20 years and are excited to pass the baton for the next owner to enjoy as much as they have.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017