Modern Architecture Framing Hill Country Views Double Lot! 2.36
acres. This contemporary 6-bedroom, 5.5-bathroom residence
spans over 5,800 square feet and showcases striking modern
architecture designed to highlight the sweeping Hill Country views
surrounding the property. Set on the highest point in the
neighborhood, the lot also has one of the greatest collections of
manicured trophy live oak trees in the area. Expansive window
walls, high ceilings, and an open floor plan create a seamless
indoor–outdoor experience, allowing natural light and panoramic
scenery to serve as central elements of the home's design. So many
extras, including state of the art theater/media room with dropdown
screen and projector and Control 4 remote system, water filtration
and softening system that does not require the use of salt, and a
20x30 putting green and 3 pitching/chipping mats. Extensive custom
curtains, shades and other window coverings throughout the house.
Kohler home standby generator provides power to house and pool
equipment when electrical power is out. Generator includes a
fully dedicated 500-gallon propane tank allowing for many days of
consecutive usage should the need arise. Crafted with a blend
of clean lines and warm natural materials, the home balances modern
sophistication with the relaxed beauty of the Hill Country
landscape. Multiple outdoor living spaces-including covered
terraces, viewing decks, and large picture windows-offer countless
vantage points to enjoy sunsets, rolling terrain, and distant ridge
lines. Set on an elevated site, the property provides privacy while
maximizing visibility of the surrounding natural environment. With
its generous square footage, refined finishes, and intentional
connection to its hillside setting, this home embodies modern
luxury in one of the area's most picturesque locations.
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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