Welcome to this beautiful, gated Hill Country estate located at
29618 Fairview Pl in the prestigious Fair Oaks Ranch community.
Built by BW Baker Builder, this classic rock two-story home with
working elevator sits on a private 0.7 acre lot surrounded by
mature trees on the golf course. When this section of Fair Oaks
Ranch was developed, this lot was originally selected and set aside
by Ralph Fair himself, due to it's location and long range hill
country views. Lovingly maintained by its original owner, the 4,681
sq.ft. house is in great condition with a 4-year-old roof. This
home offers an incredible canvas for your personal updates. The
open floor plan features a large kitchen island that connects to a
large family room and eating area. In addition to a formal
dining/study, there is an additional living room and an upstairs
family room for maximum versatility. The downstairs private master
suite includes two walk-in closets with built-ins. A three-car
garage provides excellent vehicle and storage space. Living here
also positions you just moments from the premier golf, tennis, and
dining amenities at the nearby Fair Oaks Ranch Golf & Country Club.
Step outside onto the expansive back deck and secondary balconies
to enjoy plenty of outdoor living space, total serenity, and
absolutely breathtaking, unobstructed views of the championship
golf course and Hill Country.
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.
Interior Features: Breakfast Bar, High Ceilings, Open Floorplan, Chandelier, Three Living Area, Separate Dining Room, Two Eating Areas, Island Kitchen, Walk-In Pantry, Game Room, Utility Room Inside
Appliances: Cooktop, Oven, Dishwasher, Water Softener Owned, Electric Water Heater, Washer Connection, Dryer Connection, Self-Cleaning Oven, Stove/Range, Security System (Owned), Smooth Cooktop, Solid Counter Tops, Double Ovens, Custom Cabinets, City Garbage service
Flooring Type: Carpet, Ceramic Tile
Has Fireplace
Fireplace Features: Living Room, Wood Burning, One
Fireplaces: 1
Exterior Details
Square Footage: 4681
Property Condition: Pre-Owned
Architectural Style: Two Story, Texas Hill Country
Year Built: 1994
Builder Name: BW Baker Builder, Inc
Window Features: Double Pane Windows
Construction Materials: 4 Sides Masonry, Stone/Rock
Patio and Porch Features: Deck
Pool Features: None
Lot Features: On Golf Course, County VIew, 1/2-1 Acre, Mature Trees (ext feat)
Lot Size Area: 31319.64
Lot Size Units: Square Feet
Lot Size Acres: 0.719
Lot Size Square Feet: 31319.64
Financial Details
Tax Annual Amount: $17,698
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Central
Location Details
HOA/Condo/Coop Amenities: Pool, Tennis Court(s), Golf Course, Clubhouse, Jogging Path, Barbecue, Park/Playground, Bike Trails, Lake/River Park, Bridle Path, Other - See Remarks
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