15701 Forest Glen CV
About This Property
Built in 2019, the thoughtfully designed 2,100-square-foot residence features four bedrooms, with a flexible fourth bedroom perfectly suited as a home office, studio, or creative space. The open-concept floor plan is filled with natural light and showcases luxury vinyl plank flooring, and modern finishes throughout. The spacious primary suite serves as a private sanctuary with a spa-inspired ensuite bath, while the secondary bathroom offers abundant built-in storage for everyday functionality.
Step outside to discover your own private oasis. Explore winding trails through the wooded landscape, enjoy spectacular sunsets overlooking Austin, or simply relax in the serenity of your own front porch, the perfect place to drink your morning coffee.
Adding incredible versatility is an insulated, climate-controlled workshop complete with a roll-up door, ideal for entrepreneurs, hobbyists, collectors, or additional workspace. Attached covered carport provides generous parking and storage.
The home's strategic placement on the property preserves significant usable acreage, creating endless possibilities for expansion. Whether your vision includes a private family compound, guest homes, income-producing rentals or simply preserving the acreage for your own enjoyment.
Properties that offer this level of privacy, panoramic views, modern construction, acreage, and future investment potential are increasingly rare. Whether you're searching for an extraordinary place to call home, a multi-generational estate, or a property with exceptional long-term upside, this one delivers a truly unique opportunity.
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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 |
|---|---|---|---|
| Oct 14, 2026 | Price Decreased |
$649,900
↓ $15K
(2.3%) | |
| Price Decreased | |||
| Sep 3, 2026 | Price Decreased |
$664,900
↓ $20K
(2.9%) | |
| Price Decreased | |||
| Jul 4, 2026 | Listed by eXp Realty, LLC | $685,000 | |
| Listed by eXp Realty, LLC | |||
| Jun 26, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jun 17, 2025 | Price Decreased |
$695,000
↓ $30K
(4.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017