21001 Bertram LN
About This Property
This stunning 2024 custom-built home is a true modern retreat, designed and built by a local luxury builder for their personal residence. Set on 3 fully fenced, unrestricted acres with no HOA, this 4-bedroom, 6-bathroom home (4 full, 2 half) offers the perfect blend of privacy, flexibility, and luxury living.
Inside, every finish and feature has been artfully curated by a professional designer, from the spacious open-concept layout to the custom details throughout. The home features two large living areas and a dedicated study, making it ideal for both family living and entertaining.
Step outside and experience resort-style living at its finest: a negative edge pool, outdoor shower, cozy fireplace seating area, built-in fire pit, and a turf putting green offer endless opportunities for relaxation and fun. A spring-fed wet weather creek adds a peaceful, natural touch to the landscape.
Thoughtfully designed for future expansion, utilities have already been installed for a future casita, party barn, or workshop-offering incredible potential to personalize the property further.
With a super low property tax rate of just 1.78%, this home offers exceptional value in one of Spicewood's most desirable and scenic areas.
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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 |
|---|---|---|---|
| Apr 17, 2026 | In contract | - | |
| In contract | |||
| Apr 11, 2026 | Price Decreased |
$2,985,000
↓ $415K
(12.2%) | |
| Price Decreased | |||
| Mar 24, 2026 | Price Decreased |
$3,399,500
↓ $51K
(1.5%) | |
| Price Decreased | |||
| Feb 25, 2026 | Listed by Christie's Int'l Real Estate | $3,450,000 | |
| Listed by Christie's Int'l Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017