1403 Camelback
About This Property
Experience luxury Hill Country living in the prestigious gated community of Grand Mesa at Crystal Falls. Situated on one of the most coveted 5.5-acre cul-de-sac homesites in the neighborhood, this exceptional estate offers unmatched privacy, panoramic views and a one-of-a-kind setting.
Featuring 5 bedrooms, 4.5 bathrooms, and a dedicated main-floor office, this custom home is designed for both everyday living and entertaining. Soaring 20-foot ceilings and expansive picture windows flood the main living area with natural light while framing stunning Hill Country vistas. A floor-to-ceiling stone fireplace anchors the dramatic living room, creating a warm yet sophisticated gathering space.
The gourmet kitchen features custom cabinetry, appliance garages, a generous walk-in pantry, and an ideal layout for hosting family and friends. The spacious primary suite offers patio access, dual vanities, a soaking tub, oversized shower, and custom walk-in closet.
Every bedroom enjoys en-suite bathroom access, offering privacy for family and guests.
Upstairs bedrooms showcase miles-long views and flexible space for guests, work, or hobbies.
Step outside to the wrap-around stone patio and experience some of the most spectacular views Crystal Falls has to offer. The usable acreage provides endless possibilities for a future pool, outdoor kitchen, guest house, or simply enjoying the peaceful surroundings and star-filled Texas skies.
Additional highlights include a 3-car tandem garage with epoxy floors, central vacuum system, multiple HVAC units, premium laundry room, and a roof replaced in 2024.
Residents enjoy access to Crystal Falls amenities, including multiple pools, parks, playgrounds, tennis and basketball courts, trails, community events, and Crystal Falls Golf Course. Zoned to highly rated Leander ISD schools: Whitestone Elementary, Running Brushy Middle, and Leander 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 |
|---|---|---|---|
| Jul 12, 2026 | In contract | - | |
| In contract | |||
| Jun 23, 2026 | Listed by Mallach and Company | $1,100,000 | |
| Listed by Mallach and Company | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017