1228 Challenger
About This Property
This property features a split level floor plan. Enter through the foyer, and either walk up stairs towards the primary bedroom, powder bath, kitchen, living and dining room areas or head downstairs to the additional 3 bedrooms with 2 full bathrooms and a secondary living area.
The updated kitchen is a true centerpiece, complete with sleek countertops, stainless steel appliances, and generous storage. Multiple living and dining spaces provide flexibility for both casual and formal gatherings. The primary suite is a private retreat with a well-appointed bath, while the secondary bedrooms are generously sized.
Step outside to a large backyard and additional parking with gated access. Situated in a desirable Lakeway neighborhood of Edgewater, you'll enjoy easy access to Lake Travis, golf, shopping, dining, and highly rated Lake Travis ISD schools.
Please note, we are in make ready mode, the property will be updated with updated hardwood floors in the secondary bedrooms in the coming weeks.
This home is located in Edgewater II HOA which provides access to tennis courts.
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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 |
|---|---|---|---|
| Jun 1, 2026 | No longer available | - | |
| No longer available | |||
| Jan 20, 2026 | Price Decreased |
$1,150,000
↓ $45K
(3.8%) | |
| Price Decreased | |||
| Oct 1, 2025 | Listed by eXp Realty, LLC | $1,195,000 | |
| Listed by eXp Realty, LLC | |||
| Dec 29, 2019 | No longer available | - | |
| No longer available | |||
| Oct 12, 2019 | Listed by Keller Williams - Lake Travis | $849,500 | |
| Listed by Keller Williams - Lake Travis | |||
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Lakeway classic on sought-after Challenger, perfect for the discerning host who enjoys entertaining family & friends. This home boasts relaxing lake views from the elegant/inviting upper living areas & master suite. Downstairs features 3 BR/2Baths, tv room, laundry. Abundant storage under both stairways. Large flex room in back opens to pergola/deck and shade-filled yard; access to private park & tennis court. Hardwoods, tile, fresh carpet & paint. Light & bright, with timeless appeal. Owner/Agent. The manager has listed the unit size as 3984 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017