198 York Timbers WAY
About This Property
High-end finishes elevate every space: high ceilings, an open-concept floor plan, fashionable countertops, custom cabinetry for a timeless look, recessed lighting, and seamless indoor-outdoor flow that makes the home feel both polished and livable. The chef's kitchen anchors the main living area with a generous island, spacious pantry, and breakfast bar - ideal for entertaining or everyday life. The primary suite is a true retreat, with a spa-like bath, dual vanities, and an oversized walk-in closet. Quality craftsmanship and timeless design choices mean this home will feel current for years to come.
Just outside the community gate, you're immediately immersed in everything that makes this corridor of Southwest Austin so desirable. Belterra Village - a 93-acre mixed-use destination on Highway 290 - is essentially walkable from your front door, with local coffee shops and beloved neighborhood restaurants just minutes away. Belterra also features over 17 miles of hike-and-bike trails winding through 400 acres of open parkland right in the neighborhood.
Zoned to the highly acclaimed Dripping Springs ISD - consistently one of the top-rated districts in the greater Austin area - with Rooster Springs Elementary, Sycamore Springs Middle School, and Dripping Springs High School all within the district.
Positioned just west of downtown Austin and minutes from the charm of Dripping Springs, this one offers the lifestyle, location, and low-maintenance luxury that's genuinely hard to find. The Cottages at Belterra Village is a finite, sold-out community - when one comes available, it goes.
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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 |
|---|---|---|---|
| Jun 5, 2026 | In contract | - | |
| In contract | |||
| Jun 3, 2026 | Listed by eXp Realty, LLC | $515,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017