33
Map
2701 River Hills RD
About This Property
The land itself is cleared, gently sloped, and build-ready-offering over 17,000 square feet of impervious coverage with zoning that allows for both a primary residence and a secondary structure. Unlike many parcels along the lake, Riverbend requires no teardown and presents no steep elevation challenges, ensuring a seamless path from vision to reality.
Set on the lake level in the highly acclaimed Eanes ISD, the property is perfectly positioned for families, investors, or those seeking a legacy retreat. Unobstructed views across the protected bluffs of Emma Long Park guarantee long-term privacy and serenity, while downtown Austin remains just twenty minutes away.
Riverbend is more than land; it is an invitation to create a legacy estate in a location where opportunities of this scale are increasingly scarce. This is where waterfront living meets timeless investment. This is Riverbend.
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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 |
|---|---|---|---|
| Sep 25, 2025 | In contract | - | |
| In contract | |||
| Sep 13, 2025 | Price Decreased |
$3,995,000
↓ $355K
(8.2%) | |
| Price Decreased | |||
| Aug 13, 2025 | Price Decreased |
$4,350,000
↓ $400K
(8.4%) | |
| Price Decreased | |||
| Jul 14, 2025 | Listed by Kuper Sotheby's Int'l Realty | $4,750,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
| Jun 21, 2025 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017