7
Map
12 Hillside CT
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%.
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 |
|---|---|---|---|
| Feb 18, 2025 | Listed by Compass RE Texas, LLC | $4,500,000 | |
| Listed by Compass RE Texas, LLC | |||
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Welcome to a once-in-a-lifetime opportunity to claim your estate in one of Texas's most sought-after locales. Located within the exquisite landscapes of West Lake Hills, the rare 5-acre parcel at 12 Hillside Court invites you to dream big and design an opulent estate that reflects your unique vision of luxury living. Inquire the listing agent about the spec proposed build plans for this site.
Property Highlights:
Size & Space: This expansive 5-acre land parcel offers a blank canvas for your architectural masterpiece. Envision a sprawling estate complete with multiple structures that cater to your lifestyle—imagine a stunning main residence, guest cottages, and bespoke amenities, all set against the backdrop of breathtaking natural beauty.
Zoning Flexibility: With flexible zoning, the possibilities are boundless. Whether you desire a private retreat with extensive outdoor spaces, an entertainment haven with pools and sports courts, or a serene sanctuary designed for relaxation and rejuvenation, this land can accommodate it all.
Prime Location: Situated just minutes from downtown Austin, you’ll enjoy the perfect blend of seclusion and accessibility. Immerse yourself in the vibrant culture, dining, and entertainment of downtown while retreating to your private oasis in the prestigious West Lake Hills community.
A Secure Haven: Surrounded by lush greenery and panoramic views, this parcel provides a private, secure setting for your luxury estate. Imagine hosting lavish gatherings, enjoying intimate family moments, or simply basking in the tranquility of your surroundings, all within the comfort of your exclusive retreat.
Ideal for Enthusiasts: Whether you are an automotive aficionado eager for spacious garages, a professional athlete seeking a personalized training facility, or a tech executive aspiring to build a state-of-the-art smart home, this property is poised to cater to your every aspiration.
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| Dec 12, 2024 | No longer available | - | |
| No longer available | |||
| Jul 5, 2024 | Price Decreased |
$4,750,000
↓ $750K
(13.6%) | |
| Price Decreased | |||
| Apr 25, 2024 | Listed by Compass RE Texas, LLC | $5,500,000 | |
| Listed by Compass RE Texas, LLC | |||
| Feb 13, 2019 | No longer available | - | |
| No longer available | |||
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About West Lake Hills
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017