11002 Foundation RD
About This Property
A thoughtfully designed floor plan offers 2 private bedroom suites on the main level, ideal for multigenerational living & entertaining. Soaring 20-foot ceilings, exposed solid wood beams, dramatic clerestory windows, expansive Andersen windows, striking custom corner windows, a custom steel pivot front door, & a floor-to-ceiling dry-stacked stone fireplace create architectural character rarely found in today's construction. A blend of contemporary architecture & timeless finishes creates a warm, sophisticated interior. The chef's kitchen features Thermador appliances, knotty alder cabinetry, recent quartz countertops, a pot filler, & a butler's pantry.
Outdoor living includes a screened porch with remote shades, an infinity-edge pool, outdoor kitchen, professionally built treehouse, heated & cooled three-car garage, oversized covered RV/carport parking, and the expansive yard with room for a guest house, sports/pickleball court, workshop, or additional recreational amenities, (subject to regulations).
Built for long-term performance and efficiency with 2x6 construction, spray foam insulation, a private deep well with no municipal water bills & very few restrictions, whole-home water filtration, reverse osmosis, water softener, app-controlled double gates, fully fenced grounds, & a voluntary HOA.
A rare opportunity to own a legacy estate offering security, flexibility, enduring architectural design, & exceptional construction with convenient access to premier shopping, dining, nearby Lake Travis, downtown Austin, the Texas Hill Country, and the region's major employment centers.
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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 |
|---|---|---|---|
| Jul 18, 2026 | In contract | - | |
| In contract | |||
| Jul 10, 2026 | Price Decreased |
$2,999,750
↓ $199K
(6.2%) | |
| Price Decreased | |||
| Jun 20, 2026 | Price Decreased |
$3,199,000
↓ $51K
(1.6%) | |
| Price Decreased | |||
| May 16, 2026 | Listed by Christies Intl Real Estate Lone Star | $3,250,000 | |
| Listed by Christies Intl Real Estate Lone Star | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017