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1800 Westlake PASS
About This Property
The property's gentle topography is perfect for building a home that captures the essence of luxury and comfort, with ample space for an estate that embraces outdoor living and makes the most of the stunning views. Whether it's the peaceful mornings watching the sunrise over the lake or the enchanting evenings as the city lights begin to twinkle, this lot offers an ever-changing, live canvas of beauty.
Nestled within The Summit, a distinguished gated community known for its exclusivity and privacy, this lot is a rare gem that combines secluded living with close proximity to the bustling heart of Downtown Austin. It's a unique blend of accessibility and privacy, offering a lifestyle that's both elevated and grounded in nature.
This is not just a lot; it's a gateway to a life where every detail reflects your highest aspirations for home and lifestyle. In West Lake Hills, where the views are incomparable and the opportunities endless, creating a home here means setting a new standard for luxury living. With the lake and city skyline as your constant backdrop, experience the pinnacle of architectural creativity and personal fulfillment.
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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 28, 2026 | Listed by Kuper Sotheby's Int'l Realty | $8,950,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017