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1106 Hi Line DR
About This Property
This 3-bedroom, 2-bath home features an open floor plan anchored by an island kitchen with stainless steel appliances and a large walk-in pantry. The split-bedroom layout offers privacy, with a spacious primary suite featuring a sliding barn-door entrance to the ensuite bath, complete with dual vanities, a soaking tub, an extended walk-in shower, and a large walk-in closet. Secondary bedrooms share a full bath that opens to a spacious laundry room with a sink, counters, and storage.
Outside, enjoy an above-ground pool, a separate dog run, and a two-car carport attached to a workshop/shed - ideal for hobbies, storage, or extra parking. The spacious lot offers lots of potential for adding decks, creating even more outdoor entertaining opportunities. All this just minutes from the water at Lake Buchanan.
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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 |
|---|---|---|---|
| Oct 3, 2026 | Price Decreased |
$249,000
↓ $20K
(7.4%) | |
| Price Decreased | |||
| Aug 29, 2026 | Price Decreased |
$269,000
↓ $41K
(13.2%) | |
| Price Decreased | |||
| Jul 16, 2026 | Listed by Watters International Realty | $309,900 | |
| Listed by Watters International Realty | |||
| Aug 12, 2022 | No longer available | - | |
| No longer available | |||
| Aug 3, 2022 | Listed by Jim Berry Hill Ctry Rnch Sales | $3,800,000 | |
| Listed by Jim Berry Hill Ctry Rnch Sales | |||
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This exceptional 23 acre waterfront resort boasts 1,730 feet of shoreline on Lake Buchanan. The water frontage ranges from sandy beaches to deep water with the entirety of the shoreline providing east access to the lake. There is a hill on the east side of the property that affords panoramic views of the lake and surrounding hills. The resort includes dozens of cabins and RV spots, lodge, community center, pool, docks, boat ramp and much more. Established in 1955, Hi-Line Resort is a cherished vacation spot for many Texans. Fishing, swimming, boating, lodging and camping are just some of the activities enjoyed by thousands of Texans throughout the years at Hi-Line Resort. Recent upgrades have made the longtime established resort even better. With much of the property undeveloped, there is ample room to expand. And if running a resort is not your cup of tea, the property offers endless possibilities: A high end lakefront subdivision, estate sized lots or even one large estate of corporate retreat. As an investment, this property offers tremendous upside due to the unprecedented growth in Austin and its westward expansion into the Hill Country combined with the scarcity of large lakefront tracts of land.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017