1104 Cliffview DR
About This Property
Designed to embrace the natural beauty surrounding it, the home is filled with abundant natural light thanks to expansive windows that perfectly frame the stunning panoramic views of the glassy lake below. From sunrise reflections on the water to vibrant Hill Country sunsets, nearly every room captures the incredible scenery that makes this property truly unforgettable.
Adding to its appeal, the property is self-sustaining with a private well and rainwater collection system, offering a unique blend of comfort and independence. Outdoor enthusiasts will love the beautiful swim spa/hottub combo, the well designed outdoor kitchen with pellet-smoker and grill, and the perfect location. Just a 3 minute drive to Pace Bend Park, 5 minutes to the new Highland Lakes high school (opening 2029), and close to Willie Nelson's Luck Ranch.
Whether relaxing indoors, entertaining guests, or enjoying the tranquil outdoor spaces, the connection to nature is felt throughout. This is a rare waterfront sanctuary combining spectacular views, privacy, and timeless Hill Country charm in one extraordinary 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%.
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 |
|---|---|---|---|
| Sep 23, 2026 | In contract | - | |
| In contract | |||
| Jun 13, 2026 | Price Decreased |
$799,000
↓ $50K
(5.9%) | |
| Price Decreased | |||
| May 15, 2026 | Listed by Christies Intl Real Estate Lone Star | $849,000 | |
| Listed by Christies Intl Real Estate Lone Star | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017