17 Cousteau LN
About This Property
The main level boasts over 7,000 square feet of single-level living, with 10.5' vaulted ceilings that soar to 20 feet in the kitchen, common areas, and owner's suite, creating a breathtaking sense of space. The 1,300 sq. ft. owner's suite is a private retreat, complemented by an artisan soaking tub, spacious freestanding shower, and an adjacent gym and office space, with direct access to the deck and pool. The heart of the home is the master chef's kitchen, outfitted with high-end appliances and an oversized dine-in island, perfect for both everyday living and entertaining. Wine enthusiasts will appreciate the dedicated showroom for 600+ bottles nearby.
The property is listed with TCAD square footage at 8,685, but the total finished-out square footage is 9,828, providing ample space for both relaxation and entertainment. Bonus space on the lower level offers flexibility, with a guest suite featuring a private deck and entryway, along with a theater room and multi-purpose craft space.
Outside, the southerly-facing backyard is an entertainer's dream, with Brazilian IPE decking surrounding a resort-style pool with adjacent chef's gazebo, an 1,800 sq. ft. sports court ready for your custom touch, and an outdoor full bath and changing room conveniently situated between the two. Two private courtyards, enclosed by 8' brick walls, offer serene outdoor escapes just off the kitchen and secondary bedrooms.
Conveniently located within minutes of Austin's top private schools, cultural landmarks, and tech hubs, this home also falls within the award-winning Eanes ISD school district. Live luxuriously just a stone's throw from everything Austin has to offer.
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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 |
|---|---|---|---|
| Aug 5, 2025 | In contract | - | |
| In contract | |||
| Jun 28, 2025 | Price Decreased |
$3,750,000
↓ $445K
(10.6%) | |
| Price Decreased | |||
| May 24, 2025 | Price Decreased |
$4,195,000
↓ $300K
(6.7%) | |
| Price Decreased | |||
| Apr 2, 2025 | Listed by Kuper Sotheby's Int'l Realty | $4,495,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017