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2203 Improver RD
About This Property
The 3,641 sq ft two-story home, has been comprehensively updated throughout with upgraded flooring, cabinetry, appliances, electrical, light fixtures, ceiling fans, and washer, dryer, and refrigerator. Every room reflects a current, finished condition with large windows and sliding doors that pull those lake and Hill Country views directly inside.
The open-concept main level connects the living area, dining, and kitchen without interruption. The kitchen features a large island with an integrated sink, stainless appliances, and granite counters. A dedicated home office with vaulted ceilings and hardwood floors sits apart from the main living areas. The primary suite includes a freestanding soaking tub, dual vanities, and a walk-in shower. A half bath with vessel sink and granite counters serves the main level. Five bedrooms and 3.5 baths total across two levels with two separate living areas.
Outside, two covered patios, including one with a wood-paneled ceiling, anchor the outdoor living areas. A stone patio, tiered deck, hot tub, and fire pit complete the exterior for year-round entertaining. A large metal-sided barn and storage facility adds working ranch utility. The long driveway winds through mature trees to a grand wooden entry archway.
Paleface Ranch is served by Lake Travis ISD, approximately 15 minutes to Hill Country Galleria, and under an hour to downtown Austin via Highway 71. Harbors a diverse range of wildlife
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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%.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 5, 2026 | Price Decreased |
$1,975,000
↓ $5K
(0.3%) | |
| Price Decreased | |||
| Jul 1, 2026 | Listed by Keller Williams - Lake Travis | $1,980,000 | |
| Listed by Keller Williams - Lake Travis | |||
| Feb 6, 2022 | No longer available | - | |
| No longer available | |||
| Jan 2, 2022 | In contract | - | |
| In contract | |||
| Dec 16, 2021 | Listed by Keller Williams - Lake Travis | $2,100,000 | |
| Listed by Keller Williams - Lake Travis | |||
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Gorgeous 5 bedroom (or 4 BR + office), 3.5 baths, 2 car garage+ barn + boat/RV storage on 3.9 highly improved waterfront acres! Open living/kitchen/dining Modern farmhouse style envelops family & friend gatherings with warm finishes such as European white oak wide plank wood floors & Restoration Hardware & lighting upgrades. 3 BRs down (or 2 BRs + office), 2 BRs & bath up w/ Game/media room. Fenced backyard with hot tub overlooking the water. Beautiful water views from most rear facing windows. Lake Travis access via Pedernales River. Private, gated, horse friendly community with seasonal social activities & boat ramp. Day dock conveys with the home. 5 minutes to local grocery, conveniences and farmers market. Approx. 15 minute drive to Hill Country Galleria, 40 minutes to Austin Airport. Enjoy all the perks of the hill country/waterfront retreat & close to the city! The manager has listed the unit size as 3641 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017