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11 Hightrail WAY
About This Property
The open-concept design seamlessly connects the kitchen and family room, both overlooking a sparkling pool and spa surrounded by lush landscaping. The main-level owner's suite features rich pine flooring, a cozy sitting area, and direct access to the outdoor oasis. The owner's bathroom boasts a freestanding bathtub and an oversized two-person shower, offering a spa-like retreat.
Upstairs, you'll find spacious guest rooms, a game room opening to a covered outdoor living area with picturesque hill country views, and a dedicated media room equipped with projection equipment and a hidden storage area. The office, adorned with solid hardwood flooring and French doors, provides a private workspace.
Residents of The Hills of Lakeway enjoy access to premier amenities, including championship golf courses, a world-class fitness center, tennis and pickleball courts, and a vibrant social calendar. The community also offers miles of walking trails, a neighborhood park with playscapes, basketball courts, and a newly constructed dog park. With its unparalleled amenities and serene hill country setting, this home presents a unique opportunity for luxurious living. Golf cart in garage to be included in sale.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 27, 2025 | In contract | - | |
| In contract | |||
| Jun 8, 2025 | Price Decreased |
$1,225,000
↓ $49K
(3.9%) | |
| Price Decreased | |||
| Apr 25, 2025 | Price Decreased |
$1,274,000
↓ $25K
(1.9%) | |
| Price Decreased | |||
| Apr 2, 2025 | Listed by Moreland Properties | $1,299,000 | |
| Listed by Moreland Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017