39
Map
15303 Faubion TRL
About This Property
A grand stone entry with custom gated access and a long, tree-lined driveway welcomes you to two residences totaling 6,428 square feet: a 3-bedroom, 4.5-bath main home (slab foundation) and a 3-bedroom, 2-bath guest house (pier-and-beam). The fenced acreage includes a stall pen and pond, ideal for livestock, hobby farming, or enjoying the privacy of Hill Country living. Adjacent to Balcones Bird Ranch, the property may also qualify for a bird exemption.
Inside, the main home showcases ornate ceilings and light-filled living spaces centered around a gourmet chef's kitchen with gas burners, built-in refrigerator, and custom cabinetry. The primary suite offers a fireplace, vaulted ceilings, and a spa-style bath with sauna, Jacuzzi tub, dual showers, and a custom walk-in closet.
The oversized, temperature-controlled converted garage features newly epoxied floors, insulated cedar doors, multiple 100-amp outlets, extensive storage, and a fully equipped bar with premium appliances, including a Thermador espresso machine, mug chiller, industrial ice maker, and keg dispenser.
Additional highlights include a stone and stucco exterior with metal roof, freshly painted interior walls in both houses, commercial-grade construction, engineered septic, propane, internet, and Leander ISD zoning. Most furniture, art, and appliances convey. Pre-run camera lines, surround sound wiring, shared well, hydrants throughout, and a propane line for an outdoor kitchen complete the property.
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| Jul 30, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jun 30, 2026 | Price Decreased |
$1,375,000
↓ $25K
(1.8%) | |
| Price Decreased | |||
| May 19, 2026 | Price Decreased |
$1,400,000
↓ $100K
(6.7%) | |
| Price Decreased | |||
| Mar 24, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Mar 24, 2026 | Listed by Kuper Sotheby's Int'l Realty | $1,500,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017