39
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18113 Travis DR
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 |
|---|---|---|---|
| Aug 21, 2026 | Listed by Keller Williams Realty | $1,475,000 | |
| Listed by Keller Williams Realty | |||
| Jan 1, 2025 | No longer available | - | |
| No longer available | |||
| Nov 12, 2024 | Price Decreased |
$1,849,000
↓ $50K
(2.6%) | |
| Price Decreased | |||
| Aug 16, 2024 | Listed by Compass RE Texas, LLC | $1,899,000 | |
| Listed by Compass RE Texas, LLC | |||
| |||
|
Now offering 2/1 Buydown. 4.875% in year one and 5.875% in year two - or - explore lease to own.
Welcome to an extraordinary opportunity in a waterfront gem that has been impeccably remodeled to offer unrivaled panoramic views, majestically located on a peninsula with 173 feet of Lake Travis waterfront beauty. The spacious main house features over 3,600 square feet providing a luxurious haven featuring four lavish bedrooms and two inviting living areas, making it an attractive asset for the discerning investor, homeowner or vacationer seeking a lakefront estate.
Property Highlights:
Spacious Living: The main house features over 3,600 square feet of elegantly designed living space, ensuring ample room for relaxation and entertainment. The detached entertainment space in the converted garage features room for play and entertainment as well as upstairs sleeping quarters.
Unmatched Views: Two expansive balconies stretch the entire length of the home, offering breathtaking vistas that enhance the property's allure and marketability.
Prime Location: Situated on a sprawling 1.7-acre property, this estate provides a sense of exclusivity and tranquility that is highly sought after.
Enticing Amenities:
Private Pickleball Court: Perfect for guests seeking active leisure and friendly competition, adding to the property's appeal.
Private Dock: Seamless access to tranquil waters for watercraft creates endless exploration and enjoyment opportunities.
Converted Garage & Game Room: A fully remodeled space featuring two meticulously designed bathrooms and two additional sleeping areas, providing optimal comfort and privacy for guests.
Luxurious Experience: The epitome of waterfront living, where refined elegance seamlessly intertwines with modern convenience.
Recent Updates include a new roof, new HVAC and significant renovations.
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| Jun 4, 2024 | Withdrawn | - | |
| Withdrawn | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017