302 Pursers PL
About This Property
The open living, kitchen, and dining space creates the perfect setting for entertaining. The oversized kitchen island features upgraded quartz counters, a farmhouse sink, under-cabinet lighting, and high-end Bertazzoni appliances.
Sliding doors from the living room expand your entertaining area to an oversized, L-shaped wraparound covered porch with a double-sided fireplace overlooking the greenbelt and Hill Country views. The porch is equipped with seven motorized solar/mosquito screens that enclose the entire space at the touch of a button.
Smart home features include an EV charger (Tesla), a built-in tablet for security, and 'MyQ'-enabled garage door openers, allowing you to control the home remotely-making it the perfect lock-and-leave residence. Built by green builder Legacy DCS, this highly energy-efficient home includes a tankless water heater, a metal roof, and Andersen windows and doors.
Just steps away from Lake Travis, the property offers private access to hiking trails and kayak launches. A rare two-year renewable lease for private kayak lockers is allocated to this home. Located just 30 minutes from downtown Austin, Rough Hollow is a resort-style community on the prestigious South Shore of Lake Travis, featuring direct lake access, breathtaking Hill Country views, and world-class amenities, including the Rough Hollow Yacht Club and Marina, Canyon Grille, miles of hiking and biking trails, luxurious pools, a gym, a pavilion, and Highland Village-a water-themed amenity center.
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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 |
|---|---|---|---|
| Feb 12, 2025 | Listed by Bramlett Partners | $1,300,000 | |
| Listed by Bramlett Partners | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017