208 Stonegate LN
About This Property
208 Stonegate Lane is an embodiment of modern Scandinavian inspired hill country luxury set within the idyllic Texas Hill Country of Dripping Springs. This newly constructed custom single-story estate delivers a lifestyle of elegance and tranquility on a sprawling 2.89-acre haven. With four spacious bedrooms and four exquisite bathrooms, this home caters to discerning luxury home buyers seeking both sophistication and comfort. The grandeur begins at the massive pivot steel and glass front door, leading you into an interior adorned with soaring tongue-and-groove ceilings, custom 12' Alder wood beams imported from Oregon, and sleek white oak flooring. The heart of this home is a captivating living area, boasting a black porcelain fireplace wall. Floor-to-ceiling windows invite an abundance of light, while sliding glass doors offer seamless access to the outdoor living space. The covered patio, with its tile flooring and detached casita pad with a stone fireplace, creates the perfect backdrop for grand entertaining or tranquil evenings under the stars. Culinary enthusiasts will revel in the gourmet kitchen, featuring an awe-inspiring Aurora Borealis quartzite island, counters, and backsplash with custom cabinetry, and top-of-the-line Thor appliances. The primary suite is a retreat unto itself, with its wooden cathedral ceilings, serene views, and a spa-like ensuite bath. This is more than a home; it's a masterpiece waiting for your personal touch, with ample space for additional luxury amenities, like a sparkling pool! Welcome to your Texas dream at 208 Stonegate Lane.
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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 |
|---|---|---|---|
| Nov 7, 2025 | In contract | - | |
| In contract | |||
| Sep 30, 2025 | Price Decreased |
$1,249,900
↓ $15K
(1.2%) | |
| Price Decreased | |||
| Sep 30, 2025 | Relisted | $1,264,950 | |
| Relisted | |||
| Sep 28, 2025 | In contract | - | |
| In contract | |||
| Sep 19, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017