2016 Lakeway BLVD
About This Property
The interior features four bedrooms, 2.5 bathrooms, and two distinct living and dining areas, all without stairs or carpeting. The spacious primary suite boasts a private layout that evokes relaxation and features stunning French white oak wide-plank flooring, two walk-in closets, and a fully remodeled bathroom with a frameless walk-in shower, quartz counters, stone-like tile, and excellent storage.
The chef's kitchen is equipped with quartz countertops, shaker-style cabinets, stainless steel appliances, double ovens, a center island, retro pendant lighting, ample storage and counter space, and white oak flooring. The formal living room features a fireplace surrounded by tile and features a wood mantle, large windows, and excellent built-in storage. The large, oversized game/family room offers golf course views through the numerous, large windows, a wet bar with a wine refrigerator, and a stone fireplace with surrounding built-in cabinetry. The size and design of the game/family room provide incredible flexibility and multi-use functionality. Multiple dining spaces, including a spacious formal dining room, make for excellent entertaining opportunities.
In addition to gorgeous views, the back of the home offers an extended stone patio with a fire pit and large covered area, an expansive yard, and wrought iron fencing. No pool, but a sunken swim spa and hot tub with custom decking. The property also includes a concrete tile roof, mature landscaping and custom landscape lighting, and abundant parking.
Located in Lake Travis ISD with no HOA fees, this property offers a rare combination of luxury and location. Don't miss out on this special property!
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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 |
|---|---|---|---|
| Aug 4, 2026 | In contract | - | |
| In contract | |||
| Jul 15, 2026 | Price Decreased |
$999,999
↓ $65K
(6.1%) | |
| Price Decreased | |||
| May 23, 2026 | Price Decreased |
$1,065,000
↓ $35K
(3.2%) | |
| Price Decreased | |||
| Apr 17, 2026 | Price Decreased |
$1,100,000
↓ $50K
(4.4%) | |
| Price Decreased | |||
| Jan 8, 2026 | Listed by Compass RE Texas, LLC | $1,150,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017