17505 Hamilton Pool RD
About This Property
The 1992 home requires extensive renovation, but the footprint offers a strong starting point for a complete transformation. Vaulted ceilings, a floor-to-ceiling stone fireplace, generous living spaces, and a spacious primary suite with two walk-in closets, and two large secondaries along with a full guest bath provide the framework for a stunning reimagining. The wraparound porch is ready to become the place where mornings begin with coffee and evenings end with sweeping Hill Country sunsets on a rocking chair.
A detached outbuilding adds valuable flexibility for a workshop, equipment, boat storage, or future hobby space. Beyond the home, the acreage is the real prize, with mature trees, open clearings, and room to expand, build additional structures, or create a multi-generational retreat while still preserving privacy.
Stroll up the road for dinner at Layla's, ice cream at Grateful Custard, or spend weekends exploring Hamilton Pool, nearby wineries, breweries, and favorite Hill Country destinations.
Zoned to highly regarded Lake Travis ISD with no HOA, a low 1.62 tax rate, easy access to Hwy 71. You're just 7 miles from the Hill Country Galleria, and about 22 miles to Downtown Austin.
The house needs vision. The setting speaks for itself. Bring your vision, your contractor, and your imagination, then come walk the land and see why this setting is worth the effort.
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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 |
|---|---|---|---|
| Sep 5, 2026 | Price Decreased |
$599,000
↓ $41K
(6.4%) | |
| Price Decreased | |||
| Aug 3, 2026 | Listed by Compass RE Texas, LLC | $640,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017