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1903 Platte PASS
About This Property
Discover this inviting single-story home in Apache Shores, offering Lake Austin access, low taxes, and low HOA in the highly acclaimed Lake Travis ISD. Located near Lakeway, this property sits on a serene half-acre wooded lot with a beautiful creek at the back - the perfect blend of nature and convenience.
The flexible layout features 4 bedrooms (or 3 bedrooms plus an office) with an open floor plan designed for modern living. The chef's kitchen offers a large island, stainless steel appliances, and plenty of storage, flowing into spacious living and dining areas.
The private primary suite includes a spa-like bath with double vanity, soaking tub, and walk-in shower. Additional highlights include solar panels for energy efficiency, built-in speakers, and an oversized 3-car garage with higher and wider doors - ideal for an F-250 pickup or even a boat.
Enjoy all the amenities of Apache Shores, including a private community boat ramp to Lake Austin, lakeside park, pool, tennis courts, disc golf, hiking trails, and playgrounds. With its natural setting, creekside backdrop, and proximity to Lake Travis and Lakeway shopping and dining, this home offers the best of Austin lake living.
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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 |
|---|---|---|---|
| Nov 7, 2025 | In contract | - | |
| In contract | |||
| Oct 15, 2025 | Price Decreased |
$624,000
↓ $15K
(2.4%) | |
| Price Decreased | |||
| Sep 19, 2025 | Listed by CENTURY 21 Integra | $639,000 | |
| Listed by CENTURY 21 Integra | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017