203 Serene Hilltop CIR
About This Property
The open-concept living space is highlighted by soaring 12' ceilings, a decorative tray ceiling with elegant square intersections, and a dramatic floor-to-ceiling stacked natural stone fireplace. The chef's kitchen features a full KitchenAid stainless steel appliance package and flows seamlessly into the dining and family rooms, with sliders opening to the covered patio-ideal for indoor-outdoor entertaining.
The main level includes three bedrooms and a dedicated office. Downstairs, you'll find a spacious bedroom with an ensuite bath, a media/craft room, and a large bonus room that opens to an additional covered patio and expansive backyard. The backyard was professionally leveled and enhanced with a permitted retaining wall in 2021, creating a versatile outdoor space.
Just steps from hike and bike trails and less than a mile from Rough Hollow's Highland Village, residents enjoy resort-style amenities including multiple pools (lazy river and adults-only pool), basketball, tennis and pickleball courts, playscape, splash pad, and dog parks. Residents also enjoy access to the Yacht Club and Marina with complimentary kayaks and paddleboards, an infinity pool overlooking Lake Travis, the Shape Fitness Center with classes and outdoor gym, Ship Store, and Canyon Grille restaurant.
Located in Lake Travis ISD and surrounded by world-class golf, including two Nicklaus Signature courses, Bee Creek Sports Complex, and abundant dining and shopping-this is Hill Country luxury living at its finest.
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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 |
|---|---|---|---|
| Feb 15, 2026 | In contract | - | |
| In contract | |||
| Jan 30, 2026 | Listed by Bramlett Partners | $979,000 | |
| Listed by Bramlett Partners | |||
| Oct 1, 2025 | No longer available | - | |
| No longer available | |||
| Aug 27, 2025 | Price Increased |
$1,035,000
↑ $35K
(3.5%) | |
| Price Increased | |||
| Jul 18, 2025 | Price Decreased |
$999,999
↓ $99K
(9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017