2431 Westlake DR
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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 15, 2026 | No longer available | - | |
| No longer available | |||
| Mar 6, 2026 | No longer available | - | |
| No longer available | |||
| Mar 6, 2026 | Listed by Moreland Properties | $3,250,000 | |
| Listed by Moreland Properties | |||
| Feb 4, 2026 | No longer available | - | |
| No longer available | |||
| Feb 4, 2026 | Listed by Moreland Properties | $3,250,000 | |
| Listed by Moreland Properties | |||
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Situated within The Harbor on Lake Austin, this fully renovated residence pairs modern sophistication with timeless craftsmanship. Every detail has been thoughtfully considered—limestone floors, zellige tile, and marble surfaces bring texture and warmth, while custom Moroccan fixtures introduce an artisanal touch. The result is a home that feels both elegant and livable, embodying the best of refined lakeside living. Thoughtfully reimagined interiors open seamlessly to the outdoors, where expansive windows frame serene lake views and invite natural light into each room. Multiple balconies and terraces extend the living experience, creating perfect settings for morning coffee, alfresco dining, or gathering at sunset. Each space balances openness with intimacy, offering comfort while keeping the lake always within sight. A private boat slip with a lift ensures direct access to Lake Austin, making time on the water simple and enjoyable. This turn-key offering is complemented by a curated designer package from Love County Interior and Design, including art sourced from local gallery Martha’s. The designer package and art is all available for purchase. Just minutes from downtown Austin, this residence offers a rare opportunity to enjoy both sophisticated design and the ease of true lakefront living.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017