Presenting a luxurious 4 bedroom, 4 bath residence nestled in the
coveted Falconhead West community of West Austin. This home backs
onto a serene greenbelt and offers a grand foyer with a winding
staircase and exquisite hand-scraped wood floors. The kitchen is a
culinary enthusiast's dream, featuring quartzite countertops,
custom backsplash, stainless steel appliances, and a six-burner gas
cooktop by KitchenAid. Dine in the light-filled breakfast nook, at
the counter-height seating, or in the elegant formal dining room.
The living room boasts soaring ceilings, expansive windows
overlooking the greenbelt, and a gas fireplace with a stone
surround. French doors lead to a dedicated home office, ideal for
hobbies or professional endeavors. The spacious primary bedroom
suite includes tray ceilings and a cozy bay window seating area,
with a luxurious bath offering dual vanities, a glass-enclosed
shower, and a jetted spa tub. Upstairs, two bedrooms share a full
bath, while a fourth bedroom has its own bath. Gather in the
expansive bonus room or enjoy a cinematic experience in the
dedicated media room. The backyard, which backs onto the greenbelt,
features a covered porch with composite flooring and a lower stone
patio with a gas fire pit. Situated near a 145-acre preserve with
trails, this home is part of the Lake Travis Independent School
District and is minutes from shopping and fine dining at the Hill
Country Galleria, with easy access to downtown Austin.
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.
Window Features: Bay Window(s), Blinds, Drapes, Shutters, Solar Screens
Construction Materials: Brick, Stone
Patio and Porch Features: Covered, Deck, Patio, Screened
Pool Features: None
Lot Features: Greenbelt, Back Yard, Cul-De-Sac, Front Yard, Gentle Sloping, Landscaped, Near Golf Course, Sprinklers In Rear, Sprinklers In Front, Wooded, Views, Public Maintained Road, Sprinkler - Automatic, Sprinklers On Side
Lot Size Area: 10336.79
Lot Size Units: Square Feet
Lot Size Acres: 0.2373
Lot Size Square Feet: 10336.79
Water Source: Public
Financial Details
Tax Map Number: 164
Tax Assessed Value: $755,514
Tax Annual Amount: $14,128
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Propane
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA/Condo/Coop Amenities: Trail(s)
HOA Fee: $150
HOA Fee Frequency: Quarterly
Building Info
Overview
General
Year Built:
2009
Effective Year Built:
2009
Building Count:
1
Bedroom Count:
0
Bathroom Count:
4
Full Bathrooms:
4
Partial Bathrooms:
4
Building Condition:
6
Building Quality:
7
Construction Type:
0
Building Style:
0
Exterior Walls Type:
0
Interior Walls Type:
0
Roof Shape Type:
8
Roof Cover Type:
3
Floor Count:
200
Floor Cover:
0
Basement Type:
0
Basement Area:
0
Garage Type:
1
Garage Square Area:
737
Parking Space Count:
3
Patio Type:
0
Porch Type:
7
Pool Type:
0
Dimensions
Lot Size Square Feet:
10,337
Total Building Area:
4,344
Gross Building Area:
4,344
Building Area:
3,607
Building Area Measurement:
L
Heating and Cooling
Fireplace Count:
1
Air Conditioning:
1
Heating:
3
Heated Square Feet:
3,607
Heating Fuel Type:
0
Utilities
Sewer System:
0
Water Service:
0
Building
Building Type:
0
Property Class:
R
Subdivision:
FALCONHEAD WEST PHS 1 SEC 2 & PHS 2
Land Acres:
0000000237
Standard Land Use Code:
1001
County Land Use Code:
A1
State Land Use Code:
A1
Legal Description 1:
LOT 164 BLK C FALCONHEAD WEST PHS 1 SEC 2 & PHS 2
Neighborhood
School District Name:
Lake Travis Independent School District
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