40
Map
1500 Buffalo Gap RD
About This Property
Designed to capture its breathtaking surroundings, the 3-bedroom, 3.5-bathroom layout features expansive windows framing sweeping 180-degree lake views. The west-facing rear orientation delivers spectacular sunsets over the water, creating a stunning backdrop for both daily living and entertaining. Clean lines, curated materials, and intentional design elements throughout reflect a modern yet timeless aesthetic.
The open-concept living, dining, and kitchen areas flow seamlessly to multiple outdoor spaces, where a resort-style setting awaits. Enjoy a private pool, spa, and fire pit, all positioned to take full advantage of the panoramic views and serene setting.
A private tram provides convenient access from the home to the water's edge. The boat dock is well-equipped with a boat lift and three jet ski ramps, offering effortless access to everything Lake Travis has to offer.
Despite its peaceful, tucked-away setting, the property is just minutes from the amenities of Lakeway and Bee Cave, with convenient access to shopping, dining, and daily essentials, as well as a manageable drive to downtown Austin.
A rare opportunity to own a one-of-a-kind lakefront property where design, setting, and lifestyle come together.
Listed By
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 25, 2026 | Price Decreased |
$3,500,000
↓ $250K
(6.7%) | |
| Price Decreased | |||
| Apr 29, 2026 | Price Decreased |
$3,750,000
↓ $250K
(6.3%) | |
| Price Decreased | |||
| Apr 6, 2026 | Listed by Douglas Elliman Real Estate | $4,000,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Dec 9, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jul 30, 2025 | Price Decreased |
$4,200,000
↓ $50K
(1.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017