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209 Kipahulu DR
About This Property
Welcome to this stunning Dimora Homes custom-built High Performance modern home nestled on a private double lot in the coveted Tahitian Village neighborhood of Bastrop. Surrounded by mature pine trees, this exceptional property offers privacy, Brinks full home security system, panoramic views, track entertainment lighting, tight water and air barrier system, superior insulation, and energy efficient HVAC optimized to handle humidity and filtering.
Step inside to soaring high ceilings, recessed lighting, electric blinds, engineered wood flooring and two elegant electric fireplaces that create a warm, modern ambiance. The thoughtfully designed in-law floorplan provides flexibility and comfort for multi-generational living or guests with private terrace. The chef's kitchen is a showstopper, featuring rangehood with connected make up air, a large picture window with serene views, 2 dishwashers, and oversized island. The nearby wine refrigerator is perfect for entertaining. The spacious primary suite is a true retreat, complete with a large walk-in closet, luxurious walk-in shower, electric fireplace, dual sinks, private vanity, and relaxing garden tub. Outdoor living is unparalleled with a fenced yard and an expansive covered back patio designed for entertaining, complete with TV, large sink, and storage area perfect for Texas BBQ grilling. The custom-built pool with waterfall and hot tub creates a private resort-style oasis.
Enjoy Tahitian Village lifestyle including access to two golf courses backing to the neighborhood, hiking trails and Colorado River access. Conveniently located 3 miles to downtown Bastrop and 28 miles to Austin-Bergstrom International Airport, this home offers luxury, privacy, and hill country lifestyle!
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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 |
|---|---|---|---|
| May 31, 2026 | In contract | - | |
| In contract | |||
| May 29, 2026 | Price Decreased |
$599,999
↓ $25K
(4%) | |
| Price Decreased | |||
| Apr 28, 2026 | Price Decreased |
$625,000
↓ $14K
(2.2%) | |
| Price Decreased | |||
| Apr 3, 2026 | Price Decreased |
$639,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Feb 25, 2026 | Listed by All City Real Estate Ltd. Co | $649,000 | |
| Listed by All City Real Estate Ltd. Co | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017