175 Caspian LN
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%.
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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 |
|---|---|---|---|
| May 4, 2025 | In contract | - | |
| In contract | |||
| Apr 13, 2025 | Price Decreased |
$1,379,000
↓ $96K
(6.5%) | |
| Price Decreased | |||
| Apr 3, 2025 | Relisted | $1,475,000 | |
| Relisted | |||
| Mar 14, 2025 | Listed by Douglas Elliman Real Estate | $1,475,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Nestled within the prestigious gated community of La Ventana, 175 Caspian Ln offers an exceptional blend of modern Hill Country design, privacy, and convenience. Located just minutes from the iconic Salt Lick BBQ, this stunning home is perfectly positioned for those who appreciate both tranquility and access to Austin’s best amenities.
Set at the end of an intimate cul-de-sac, the property is thoughtfully oriented to embrace natural light and seasonal comfort—welcoming warmth in the winter while offering shade in the summer, all without sacrificing breathtaking sunset views.
From the moment you step inside, you’re greeted by soaring vaulted ceilings and expansive windows that frame the beauty of the Hill Country. Wide-plank European White Oak floors flow throughout, complementing the seamless open-concept design.
The primary suite, two additional bedrooms (one en-suite), a dedicated office, and all main living spaces are conveniently located on the first floor, providing effortless livability. Upstairs, two more bedrooms, a spacious entertainment area with a wet bar, and an additional flex space offer plenty of room to spread out.
At the heart of the home, the kitchen is a chef’s dream—bathed in natural light and outfitted with premium Thermador appliances, a spacious walk-in pantry, and ample prep space. The effortless connection to the living and dining areas makes this home ideal for hosting and gathering.
The expansive lot is already cleared, offering prime potential for a pool, outdoor kitchen, or additional landscaping to complete your Texas Hill Country lifestyle. A three-car garage with direct access to the mudroom and kitchen ensures convenience, while the gated level entry makes coming and going effortless.
This home offers the perfect blend of privacy, luxury, and accessibility—just a short drive from Dripping Springs, Austin, and the Texas Wine Country.
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| Dec 4, 2024 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017