Situated in the heart of Austin, just minutes from downtown in the
desirable Windsor neighborhood, this two-wing structure by Clayton
& Little Architects boasts a floor plan thoughtfully designed to
provide both public and privates pace. Enter through a lushly
planted courtyard opening to a two-story glass foyer with views of
the picturesque backyard. The back of the house is dramatically
cantilevered over the landscape, creating a lower level that is
completely secluded from the street view. Finished with exquisite
attention to detail, the interior features wide-plank oak floors,
walnut cabinetry, marble counters, and designer light fixtures. The
south wing of the main floor hosts a gourmet kitchen which opens to
a light-filled great room anchored by a marble fireplace. An
adjacent balcony offers a view over the pool below. The north wing
contains a treetop-view primary suite with a luxurious bath and two
large walk-in closets, plus a unique windowed sitting area. Two
additional en-suite bedrooms complete the main level. The lower
level features a large family room with sliding windows that can
open completely to the alfresco dining space, fireplace, and pool.
A butler's kitchen allows for drinks and snacks to be served
without a trip upstairs. Across the pool lie two additional bedroom
suites, separately accessed for privacy. Additional luxuries
include a three-car garage, professional appliances, sleek European
cabinetry, and more. Tax and assessed values are estimates for
illustration purposes only. All figures should be independently
verified.
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.
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