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2601 Improver RD
About This Property
Inside, find wood floors, quartz countertops, a limestone fireplace, & sliding glass doors creating a seamless indoor/outdoor living experience. The gourmet kitchen impresses with stylish cabinetry, built-in appliances, & a grand island overlooking the pool, offering breathtaking sunset views.
The downstairs study becomes your ideal home office with custom paint, storage, bathroom, & cabinetry. Tailor the first-floor flex room to suit your lifestyle, transforming it into a casual family lounge, 2nd office, wellness space, or 5th bedroom.
Relax with the custom pool & spa, providing a serene retreat in your backyard. The outdoor living area with a fully equipped kitchen is perfect for hosting gatherings or enjoying quiet evenings. Move the fun indoors to the 2 upstairs game rooms. The larger room is equipped for a media room, with space for a bar or kitchenette, perfect for game-day parties. The 2nd room includes a walkout balcony overlooking the pool, lake, & Hill Country sunset, with storage closets & a Secret Room, adding intrigue!
Located in Paleface Ranch, this gated community embodies Texas Hill Country living. Stroll among oak trees, mountain laurels, & Texas persimmons. Enjoy fishing in the deep-water channel of the lake with easy access from the community boat slip in a park setting. As one of the last equestrian communities, it offers unique opportunities for horse enthusiasts. Minutes from Bee Cave, this home is zoned for Lake Travis ISD & is a short 15-minute drive from the Hill Country Galleria.
Discover the perfect blend of luxury, comfort, & natural beauty in this exquisite Hill Country retreat.
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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 30, 2024 | In contract | - | |
| In contract | |||
| Oct 4, 2024 | Price Decreased |
$2,448,700
↓ $49K
(2%) | |
| Price Decreased | |||
| Sep 13, 2024 | Price Decreased |
$2,497,500
↓ $100K
(3.8%) | |
| Price Decreased | |||
| Jul 25, 2024 | Listed by Southerly Realty, LLC | $2,597,000 | |
| Listed by Southerly Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017