40
Map
2408 Indian Creek RD
About This Property
The Carrara marble island anchors a chef-inspired kitchen with quartz countertops and stainless appliances -a perfect space for gathering. Wide-plank engineered hardwood floors flow throughout the home, creating warmth and continuity. The inviting living room features a tiled fireplace with wood mantle and expansive windows framing the serene hill country beyond.
The spacious primary suite feels like a retreat, opening to the back deck where you can unwind under the stars and listen to the night sounds of nature. The spa-inspired bath includes a walk-in shower, soaking tub, and dual vanity. Two additional bedrooms share a full bath.
Step outside to a large deck overlooking a canopy of trees and a trail leading to a wet-weather creek that winds through the back of the property-plus an adorable playhouse tucked beneath the trees for added charm.
A separate garage apartment (ADU) offers endless flexibility as a guest suite, private home office, or creative studio. Originally designed as a professional music studio, it includes soundproofing, double drywall, foam insulation, and a silent HVAC system-a nod to Austin's "Live Music Capital" spirit. With its own entrance, kitchenette, full bath, and living/dining area, it's ideal for extended family or short-term guests.
Residents of Apache Shores enjoy an array of amenities: direct Lake Austin access with boat ramp and docks, lakeside picnic areas, pool, basketball & sand volleyball courts, disc golf, hiking trails, and Lake Travis ISD schools.
This home truly captures the Hill Country lifestyle-private, peaceful, and full of character-yet close to everything the city has to offer.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Nov 16, 2025 | In contract | - | |
| In contract | |||
| Nov 7, 2025 | Price Decreased |
$575,000
↓ $20K
(3.4%) | |
| Price Decreased | |||
| Oct 17, 2025 | Listed by Coldwell Banker Realty | $595,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017