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12027 Pleasant Panorama VW
About This Property
Freshly updated with paint, carpet, and quartz countertops and backsplash, the home's open-concept design offers bright, connected living. The inviting main living area flows seamlessly into the gourmet kitchen, where dual islands, a 6-burner gas range, Sub Zero–style refrigerator, stainless appliances, and floor-to-ceiling cabinetry create a chef's dream. Two dining areas add versatility for both casual meals and formal gatherings.
The main level also features a private guest suite, ideal for visitors, multi-generational living, or a home office. Just a half-flight up, the children's wing offers three bedrooms and a spacious lounge/game room, perfect for family activities. The owner's retreat occupies its own floor, providing ultimate privacy with a spa-inspired bath, exercise and living areas, three walk-in closets, and a private balcony capturing sweeping Hill Country vistas-and even a glimpse of Lake Austin.
Outdoors, a resort-style pool and spa are encircled by a solid masonry privacy wall, creating a serene sanctuary for relaxation or entertainment. Expansive covered patios and outdoor kitchen extend the living space, perfect for al fresco dining.
Additional highlights include a 3-car back-entry garage accessed via a private alley, offering both convenience and discretion.
Lake Pointe residents enjoy direct Lake Austin access, miles of hiking trails, spring-fed creeks, tennis and sport courts, a clubhouse, and a welcoming community spirit. With Bee Cave, Lakeway, and Austin's best shopping, dining, and entertainment just minutes away, this home delivers the perfect balance of natural beauty, suburban tranquility, and urban accessibility.
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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 |
|---|---|---|---|
| Apr 29, 2026 | In contract | - | |
| In contract | |||
| Mar 5, 2026 | Relisted | $1,500,000 | |
| Relisted | |||
| Mar 4, 2026 | No longer available | - | |
| No longer available | |||
| Jan 17, 2026 | Price Increased |
$1,500,000
↑ $1K
(0.1%) | |
| Price Increased | |||
| Jan 4, 2026 | Relisted | $1,499,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017