1216 Eternity TER
About This Property
The main level centers around an open-concept living space where the family room, dining area, and chef's kitchen flow seamlessly beneath soaring ceilings and walls of glass overlooking the covered outdoor living area. The kitchen is appointed with Wolf and Sub-Zero appliances, oversized island, custom cabinetry, walk-in pantry, and prep kitchen. A private first-floor primary suite offers a spa-inspired bath with soaking tub, frameless glass shower, floor-to-ceiling tile, dual vanities, and oversized walk-in closet. A dedicated study or optional guest bedroom provides flexibility for office space or multigenerational living.
Upstairs features a spacious game room, media room, covered terrace, secondary bedrooms, and gallery-style hallways overlooking the main living areas. A 3 car garage, oversized utility spaces, and abundant storage enhance functionality without compromising design.
Luxury features include hardwood flooring, solid-core doors, designer lighting, Marvin windows, spray foam insulation, smart climate control, whole-home WiFi infrastructure, surround sound pre-wiring, epoxy garage flooring, EV charging capability, and tankless water system with recirculation. Exterior finishes combine natural stone, stucco, and warm wood accents with professional landscaping, concrete paver driveways, and custom fencing.
Residents enjoy a rare lock-and-leave lifestyle minutes from downtown Austin, Barton Creek Country Club, premier shopping, dining, and top-rated Eanes ISD schools including Westlake High School.
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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 12, 2026 | Price Increased |
$4,717,046
↑ $8K
(0.2%) | |
| Price Increased | |||
| Aug 28, 2026 | Price Increased |
$4,709,470
↑ $60K
(1.3%) | |
| Price Increased | |||
| Aug 21, 2026 | Price Increased |
$4,649,886
↑ $320K
(7.4%) | |
| Price Increased | |||
| Jul 24, 2026 | Price Increased |
$4,329,588
↑ $28K
(0.7%) | |
| Price Increased | |||
| Jun 5, 2026 | Price Decreased |
$4,301,333
↓ $51K
(1.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017