Nestled within the exclusive gated enclave of Wallingwood-also
known as The Palisades on Barton Creek-this exceptional 4-bedroom,
2.5-bathroom home offers a rare opportunity to enjoy the highly
acclaimed Eanes ISD while living alongside the natural beauty of
the Barton Creek Greenbelt. Ideally located just 2.5 miles from
Zilker Park, this established and friendly neighborhood provides
the perfect balance of privacy, convenience, and outdoor
recreation. Set on a sizable lot with no rear neighbors, the home
enjoys beautiful greenbelt views and a serene backyard setting. A
striking brick exterior and dramatic entry columns create
outstanding curb appeal, while recent major updates provide peace
of mind, including a metal roof installed in 2023, a recently
replaced HVAC system, and energy-efficient windows replaced just
two years ago. Inside, abundant natural light fills the spacious
two-story floor plan. Multiple living areas offer flexibility for
entertaining, relaxing, or working from home, ensuring room for
everyone to spread out comfortably. The kitchen is designed for
everyday living and effortless gatherings, featuring an open,
conversational flow to the main living area, a casual dining nook,
and easy access to a separate formal dining room. The spacious
primary suite serves as a private retreat with lofty ceilings and a
wall of windows overlooking the trees. The ensuite bath features
dual vanities, a soaking tub, and a separate walk-in shower. Three
second floor bedrooms provide ample space for family, guests, or
home office needs. The upstairs flooring was also recently
replaced. Step outside to enjoy gorgeous greenbelt views from the
back deck. The nearby Barton Creek Trail and Via Fortuna Trail
offer endless opportunities for hiking, exploring, and connecting
with nature. With an easy commute to downtown Austin and close
proximity to scenic outdoor spaces, this home delivers the best of
both worlds.
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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