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1300 Crystal Creek DR
About This Property
Enjoy outdoor living on the terrace overlooking the canyon, or take the lighted stone stairway down to a lovely swimming hole with spring-fed waters. The metal-roofed pavilion with lighting and electric outlets is the perfect spot for parties or picnics near the creek. The open kitchen is a chef's dream, with Texas granite counters, a black granite farmhouse sink, custom cabinetry, and unique tile work by Austin ceramicist Claudia Reese. The living room features custom mesquite mantels, an integrated sound system, and sustainable poplar flooring. The lower deck, overlooking the creek, includes a fan, lights, speakers, and an outdoor shower.
The main bedroom offers stunning creek views from the upper deck and features marble tile flooring, an oversized shower/tub with a waterfall faucet, and a washlet/bidet toilet. Additional bedrooms include large closets and custom-crafted bunk beds. The hall bath features Italian tile, a custom vanity, and Spanish tile floors.
The property includes a spacious garage with room for 8 cars, an air compressor with multiple connections, two large guest apartments, and an invisible dog fence. A comprehensive irrigation system pumped from the creek adds to the home's appeal. With a tax rate of just 1.39%, one of the lowest in the city, this estate is not only luxurious but also economical-a vanishingly rare Austin sanctuary.
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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 |
|---|---|---|---|
| Jan 15, 2025 | Listed by Volt Realty | $2,699,999 | |
| Listed by Volt Realty | |||
| Oct 10, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jul 6, 2024 | Price Decreased |
$2,995,000
↓ $130K
(4.2%) | |
| Price Decreased | |||
| May 18, 2024 | Listed by Volt Realty | $3,125,000 | |
| Listed by Volt Realty | |||
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Welcome to this stunning 3.4-acre estate in Austin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017