1705 Parten Ranch PKWY
About This Property
The open-concept floor plan features soaring ceilings, abundant natural light, and ceramic tile flooring throughout. The gourmet kitchen is a chef's dream with stainless steel appliances, three high-tech built-in ovens with convection and air fry modes, a 6-burner gas cooktop, built-in microwave, oversized center island, and an enormous walk-in pantry.
The luxurious primary suite includes a spa-inspired bath with a soaking tub, oversized walk-in shower, dual vanities, and generous closet space. A large utility room offers a sink and built-in cabinetry for added convenience.
Car enthusiasts will appreciate the oversized 4-car garage with additional storage and the extra-wide 17-foot driveway providing ample guest parking.
Built with four-sided masonry, this home also features two tankless water heaters, automatic front and backyard sprinkler systems, and a covered patio prepped for the ultimate outdoor kitchen with a gas line for a BBQ grill and TV electrical outlet.
The huge, fully fenced backyard offers approximately 35 feet of sod, while the remaining yard is beautifully landscaped with natural, low-maintenance vegetation, creating the perfect blend of usable outdoor space and Hill Country charm.
Residents enjoy low HOA dues and outstanding community amenities, including a swimming pool, parks, hike-and-bike trails, and picnic areas. Ideally located just minutes from downtown Austin, Dripping Springs, Seton Southwest Hospital, top-rated wineries, distilleries, shopping, dining, and entertainment, this exceptional property offers luxury living with privacy, space, and convenience.
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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%.
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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 18, 2026 | Listed by Keller Williams Realty | $1,150,000 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017