283 SOARING EAGLES DR
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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%.
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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.
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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 |
|---|---|---|---|
| Aug 31, 2026 | Listed by Douglas Elliman Real Estate | $2,850,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Aug 22, 2026 | Price Decreased |
$2,850,000
↓ $50K
(1.7%) | |
| Price Decreased | |||
| Jun 23, 2026 | Listed by Douglas Elliman Real Estate | $2,900,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Texas sky and Hill Country views give this 4.74-acre, 6,500+ sqft homestead a sense of true breathing room. Welcome to Eagles Crest, a unique single-family estate featuring a 5-bedroom, 4-bathroom home + a guest suite, and a detached guest house that completely changes how you think about multi-generational living or working from home. This neighborhood captures the exact balance people look for with wide-open acreage where you can actually see the horizon, paired with a welcoming community feel. The main two-story house is packed with thoughtful details highlighted by 20’ cathedral ceilings upon entry. Downstairs, the comfortable living room features a floor-to-ceiling stone fireplace, a wall of windows, and a wood-beamed vaulted ceiling that adds incredible character. This central space flows into a kitchen featuring a warm tongue-and-groove ceiling, marble countertops, a gas cooktop, a built-in double oven, and a large center island with a breakfast bar. The primary suite is tucked away on this main floor for privacy, offering nice views across the property, and an ensuite bath with separate vanities, a soaking tub, and a step-in shower. A private office rounds out the first floor, while the secondary bedrooms and a dedicated exercise room are located upstairs on the second floor. The detached 2-bedroom, 2-bathroom guest house has its own full living room and kitchen, giving your weekend guests or extended family a complete home of their own. Outside, the large pergola is fully equipped for entertaining with a covered outdoor kitchen and an outdoor fireplace. There is also a fire pit area and plenty of open lawn with room for a future pool. Living in Eagles Crest within the 78624 zip code means you have a peaceful country setting that is still just a short drive from the tasting rooms along the Wine Road 290 corridor and the local shops on historic Main Street. Plus, the nearby major highways give you a direct, easy drive to downtown Austin and San Antonio.
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| Jun 9, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jun 3, 2026 | Listed by Moreland Properties | $2,900,000 | |
| Listed by Moreland Properties | |||
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A Wonderful Home, A Remarkable Opportunity, in the Heart of Fredericksburg.
Welcome to your Hill Country dream, set on roughly 4.74 acres in one of Texas's most beloved and fastest-growing small towns. Priced well below replacement cost and below its appraised value, this is a rare chance to own a Hill Country estate of this caliber at a price the market won't see for long.
This is turnkey living at its finest: a beautifully appointed estate offering 7 bedrooms and 6 full baths, where a family can move right in and start making memories from day one. The main residence features 5 bedrooms and 4 baths with generous living throughout, including a library, executive office, fitness center, and a resort-style outdoor space with covered kitchen, fire pit, and pool. Just steps away, a private 2-bed, 2-bath guest house adds real flexibility: a retreat for visiting family and friends, an ideal setup for multigenerational living, or a quiet home office or creative escape all your own.
The timing has never been better. Fredericksburg is one of Texas's premier wine country destinations, with more than 100 wineries, a charming historic Main Street, and growing luxury appeal. The town is also welcoming the Waldorf Astoria Texas Hill Country, a luxury resort and residences from Hilton's prestigious Waldorf Astoria brand, set to open in 2027. And you're in the middle of it all: less than two hours from both Austin and San Antonio, with their airports, dining, and culture an easy drive away. Beyond a wonderful place to call home, this is a smart investment. With the owner now ready to sell and downsizing, the timing creates a rare chance to step into a home of this caliber at exceptional value. A portion of the parcel currently carries an agricultural valuation, an added benefit for the next owner; buyer to verify and is responsible for meeting county requirements to maintain it. Move-in ready and priced to sell, homes like this, in a town like this, don't wait long.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017