40
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16 Sundown PKWY
About This Property
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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 |
|---|---|---|---|
| Sep 19, 2026 | Listed by KW-Austin Portfolio Real Estate | $5,400,000 | |
| Listed by KW-Austin Portfolio Real Estate | |||
| Jun 9, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Mar 11, 2026 | Listed by Engel & Volkers Austin | $5,900,000 | |
| Listed by Engel & Volkers Austin | |||
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Nestled within the coveted Sundown Parkway community, this artfully constructed modern estate offers an unparalleled blend of architectural excellence, natural beauty, and urban convenience. Just minutes from premier shopping and downtown Austin, this exceptional residence is set on over an acre of land, providing breathtaking views of the city skyline. Designed with seamless indoor-outdoor integration, the home features walls of glass that frame panoramic views of downtown Austin and the beautiful grounds. A flexible floor plan caters to both privacy and entertainment, with full living spaces on each level, both surrounded by spacious outdoor living spaces. The upper floor boasts an open-concept living, dining, and kitchen area, a private study, and an expansive primary retreat. The lower level, opening to the lush lawn and resort-style pool, includes a guest suite with a kitchenette, living area, and a private home office/exercise room with a separate entrance, plus two additional bedrooms with ensuite baths. An oversize three-car garage also includes a private, climate controlled podcast/music/art studio further elevating the home’s offerings. The outdoor spaces offer both relaxation and entertainment including a stone-framed pool and sundeck, a covered sitting area, and a large open lawn and includes a well. Residents of Westlake Oaks enjoy 14 acres of shared greenbelt, tennis courts, a serene pond, and horse stables, creating a truly unparalleled lifestyle. This is more than a home, it’s an experience, one that balances sophisticated modern living with the tranquility of nature, all within minutes of Austin’s vibrant heart.
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| Aug 8, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jul 25, 2025 | Price Decreased |
$5,900,000
↓ $495K
(7.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017