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21007 Deede DR
About This Property
The elegant, open-concept interior offers an effortless flow for both everyday living and entertaining. Upstairs, the expansive primary suite serves as a private retreat, featuring a beautifully appointed bathroom and direct access to a generous deck where the spectacular views take center stage.
The lower level includes two additional bedrooms, a versatile study or flex space, and an impressive private cinema and game room. Theater-style lighting, a projection screen, projector, and seating are all included, creating the ultimate setting for movie nights and entertaining.
An oversized garage provides exceptional space and features its own deck, seamlessly connected to the home's expansive rear deck. The seller also owns the lot directly behind the property, offering an opportunity for additional privacy or space and available for purchase separately.
Ownership includes access to the sought-after Lago Vista Property Owners Association amenities, including nine waterfront parks, four boat ramps, two fitness centers, a swimming pool, tennis and pickleball courts, and endless opportunities to embrace the Lake Travis lifestyle.
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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 |
|---|---|---|---|
| Sep 30, 2026 | In contract | - | |
| In contract | |||
| Sep 8, 2026 | Listed by eXp Realty, LLC | $675,000 | |
| Listed by eXp Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017