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19559 Sandcastle DR
About This Property
Perched above the deep waters of Lake Travis in the gated enclave of The Coves, this exceptional Spicewood estate offers a rare blend of privacy, master-class design, and resort-style living. Built by County Line Custom Homes and designed by Geschke Group Architecture, the single-story layout spans 4,600 square feet tailored for effortless living and unforgettable views. From the moment you enter, a continuous wall of floor-to-ceiling glass sliders dissolves the boundary between indoors and out, framing sweeping Hill Country vistas and filling the home with natural light. The soaring cathedral ceilings with warm white-oak beams crown the expansive great room, where a minimalist stone fireplace serves as a stunning focal point.
The epicurean kitchen is a chef's dream, centering around a massive waterfall island and equipped with flat-panel oak cabinetry, premium stone countertops, a full-height slab backsplash, and a butler's pantry. Nearby, a dramatic glass wine room adds a striking modern focal point to the open dining space. The thoughtfully arranged footprint spaces out the living areas perfectly, including a private study, a dedicated game room, and a secluded primary suite that serves as a peaceful escape, complete with a picture window overlooking the lake and a spa-inspired bath.
The interior spaces flow seamlessly to an expansive, covered outdoor veranda with its own stone fireplace and outdoor kitchen. Just beyond, the backyard transitions into a private luxury resort featuring a spectacular tiered, negative-edge pool with a cascading stone waterfall, and manicured landscaping set on 2.3 acres. Complete with a split 3-car garage, a dedicated boat slip, and access to premier community amenities like a marina, waterfront park, tennis, and pickleball courts, this estate delivers an unmatched standard of luxury within the highly acclaimed Lake Travis ISD.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 11, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Sep 13, 2026 | Price Decreased |
$3,480,000
↓ $5K
(0.1%) | |
| Price Decreased | |||
| Sep 3, 2026 | Price Decreased |
$3,485,000
↓ $5K
(0.1%) | |
| Price Decreased | |||
| Aug 22, 2026 | Price Decreased |
$3,490,000
↓ $5K
(0.1%) | |
| Price Decreased | |||
| Jul 2, 2026 | Listed by Christies Intl Real Estate Lone Star | $3,495,000 | |
| Listed by Christies Intl Real Estate Lone Star | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017