12516 Wire RD
About This Property
The hilltop homesite overlooks Lime Creek Valley & faces approximately 10K acres of protected preserve land, including Baker Sanctuary, creating a peaceful natural backdrop with abundant wildlife such as deer & turkey. Enjoy year-round scenery including spring wildflowers, migrating birds, dramatic sunsets, & occasional waterfalls after rainfall.
The single-story home features approximately 2,627 sq ft with 4 bedrooms & 3 bathrooms with a gated courtyard & covered back deck, and is ready for updates to make it your own. South-facing living spaces include floor-to-ceiling windows capturing expansive valley views.
Also included is a 2,482 sq ft 9-stall barn with an air-conditioned office, workshop, hay room, & chicken coop with run. Cross-fenced acreage under wildlife management is ideal for livestock, recreation, or future improvements.
Light deed restrictions require a minimum 1,800 sq ft residence. Historically the restrictions have been lightly enforced, offering flexibility for a homestead, private estate, family compound, or potential mixed-use opportunities (Buyer to verify).
Additional features include wildlife management property taxes (under $5,000/year), a 20kW off-grid solar array with 90kW battery storage, & a 12,800-gallon rainwater collection system.
Conveniently located near Lake Travis, major shopping & dining along 183A and Highway 1431, & within reach of major Central Texas destinations including Austin-Bergstrom International Airport, Circuit of The Americas, Dell Diamond, & the HEB Center at Cedar Park.
This rare property offers the opportunity to enjoy private Hill Country living with exceptional views & close-in access to Austin's top attractions.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jul 17, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jul 10, 2026 | Sold | ||
| Sold | |||
| Jun 23, 2026 | In contract | - | |
| In contract | |||
| Apr 24, 2026 | Price Decreased |
$1,275,000
↓ $75K
(5.6%) | |
| Price Decreased | |||
| Mar 10, 2026 | Price Decreased |
$1,350,000
↓ $145K
(9.7%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017