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2901 Demona DR
About This Property
Featuring 5 spacious bedrooms and 4.5 bathrooms, the home is filled with natural light and showcases timeless architectural details throughout. The expansive chef's kitchen is the heart of the home, complete with premium appliances, abundant prep space on Caesarstone countertops, custom cabinetry, and seamless flow into the grand vaulted living area. Formal and casual spaces coexist effortlessly, including an elegant formal dining room, private executive office, and an upstairs loft ideal for informal living or play space. The walk-out basement level elevates the home's entertainment appeal with a second living room, oversized game room, sophisticated wine bar, climate-controlled wine cellar, a private fitness studio and a 5th bedroom -creating the ultimate retreat for hosting and relaxation alike. Just outside this basement retreat you will find a covered built in kitchen complete with BBQ, Green Egg, refrigerator and 8-person hot tub. Set against a scenic and private greenbelt backdrop, the outdoor living experience offers tranquility, privacy, and beautiful natural surroundings rarely found this close to the city. Residents of Bella Lago enjoy exclusive access to premium neighborhood amenities including a private HOA pool, playground, and neighborhood-only access to Lake Austin providing exclusive access to docks, swimming beach and effortless enjoyment of Austin's premier lake lifestyle. This is a rare opportunity to own a truly exceptional home where luxury, privacy, and lake living converge.
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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 |
|---|---|---|---|
| Jul 16, 2026 | Price Decreased |
$2,150,000
↓ $99K
(4.4%) | |
| Price Decreased | |||
| Jun 18, 2026 | Price Decreased |
$2,249,000
↓ $90K
(3.9%) | |
| Price Decreased | |||
| May 14, 2026 | Listed by Compass RE Texas, LLC | $2,339,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017