Welcome to 17501 Wildrye Drive in the highly sought-after Rocky
Creek neighborhood, located in Lake Travis ISD. This beautifully
updated 4-bedroom, 4-full bathroom home sits on a private greenbelt
lot with no neighbor on one side and peaceful Hill Country views in
the back. Inside, you'll find fresh paint, brand-new carpet with
upgraded padding, and stylish lighting throughout. The open-concept
floor plan offers soaring ceilings, a spacious living area, and a
well-appointed kitchen featuring granite countertops, stainless
steel appliances, and abundant storage. The primary suite is
located on the main level with a spa-like en suite bathroom, and
two additional bedrooms downstairs each have their own full
bathrooms-ideal for guests or multi-generational living. Upstairs
is a large game room or flex space with a full bath, perfect as a
fourth bedroom or office. Outside, enjoy a true backyard oasis with
a resort-style pool and spa, brand-new fire pit area, fresh Zoysia
sod, and updated flower beds, hardscaping, and gravel walkways on
both sides of the home. A spacious covered patio overlooks the
greenbelt and offers beautiful sunset views. Additional features
include a spacious 3-car garage, a built-in safe, and pre-wiring
for an EV charger. Zoned to top-rated schools with a brand-new
elementary campus opening in 2027. Don't miss your chance to own
this stunning, move-in ready home in one of West Austin's premier
communities.
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.
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