26
Map
$590,000
↓ $60K (9.2%)
●
Land -
For Sale
1812 & 1810 Miami DR
Austin, TX 78733
Studio
0 Bath
$3,426
Est. Monthly
About This Property
Exceptional opportunity in the exclusive Lake Hills section of
Cuernavaca! These two adjacent lots, totaling approximately .68
acres, provide the perfect canvas to build your dream estate.
Located just a short walk from Lake Austin with access to a private
park and boat launch, the properties are surrounded by mature trees
and backing to peaceful canyon terrain. With the potential for
sweeping River Hills views from a second story, this area combines
natural serenity with proximity to top amenities. Situated off Bee
Caves Rd, the neighborhood is rapidly becoming a premier
destination for new construction while maintaining its charm.
Buyers have the option to purchase both lots together for $650,000,
creating a generous and private estate, or acquire them
separately-each lot offering an incredible opportunity to craft a
custom retreat in one of Austin's most desirable districts. Don't
miss your chance to build in this unique, sought-after community.
Unit Size
-
Days on Market
-
Land Size
0.70 acres
Price per sqft
-
Property Type
Land
Property Taxes
$528
HOA Dues
-
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 8 months ago (Unlock MLS #ACT8857110)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2025 | Price Decreased |
$590,000
↓ $60K
(9.2%) | |
| Price Decreased | |||
| Aug 16, 2025 | Listed by MODUS Real Estate | $650,000 | |
| Listed by MODUS Real Estate | |||
Property Highlights
With View
Exterior Details
Waterfront Features: None
Other Structures: None
Lot Features: Wooded, Many Trees, Trees-Small (Under 20 Ft)
Lot Size Area: 30579.12
Lot Size Units: Square Feet
Lot Size Acres: 0.702
Lot Size Square Feet: 30579.12
Water Source: MUD
Financial Details
Tax Map Number: 2
Tax Assessed Value: $350,000
Tax Annual Amount: $6,341
Utilities Details
Sewer : Septic Needed
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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About Austin Lake Estates
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Listed by: Phillip Chang
Listed Office: MODUS Real Estate - Listing courtesy of Unlock MLS
Phone: (512) 920-5653
Last Updated: 2026-03-17 04:47:07
Data Source: Unlock MLS, MLS# ACT8857110
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: MODUS Real Estate - Listing courtesy of Unlock MLS
Phone: (512) 920-5653
Last Updated: 2026-03-17 04:47:07
Data Source: Unlock MLS, MLS# ACT8857110
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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