200 Contrails WAY
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%.
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 |
|---|---|---|---|
| Sep 5, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Mar 6, 2026 | Listed by Compass RE Texas, LLC | $599,900 | |
| Listed by Compass RE Texas, LLC | |||
| Mar 1, 2026 | No longer available | - | |
| No longer available | |||
| Oct 14, 2025 | Listed by Compass RE Texas, LLC | $599,900 | |
| Listed by Compass RE Texas, LLC | |||
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Set within the ultra-exclusive, gated enclave on Lake Travis, this extraordinary 4-acre waterfront estate presents a rare opportunity to own a sprawling lot with breathtaking panoramic views of both the lake and the Texas Hill Country. One of only eight properties in this secluded community, this premier homesite has been meticulously prepared, cleared to the bluff, and is primed for a masterpiece residence. Designed for those who seek the extraordinary, Pilots Landing offers a lifestyle beyond compare—residents enjoy private boat slips, a marina-access tram, a clubhouse, and a private pub, all within the community. For aviation enthusiasts, the coveted Spicewood Airport is just moments away, elevating convenience to new heights. A sanctuary of natural beauty, the property features a stunning grotto, a seasonal waterfall, majestic trees, and abundant wildlife. Perfectly positioned just minutes from Lakeway, Bee Cave, and Marble Falls, and a short drive from Austin, this premier location is surrounded by renowned golf courses, world-class wineries, craft distilleries, and top-tier dining and entertainment. A rare canvas for an architectural triumph, this is more than a homesite—it’s a legacy in the making. Build your dream residence or utilize existing plans by Cornerstone Architects. Don’t miss the chance to create something truly extraordinary. Adjacent lot also for sale together with this one (MLS 3788551) ** Photos are of both lots for sale**
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| Feb 23, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017