Welcome to waterfront living on Lake Travis. Nestled on a wooded
0.30± acre lot across the cove from Lakeway City Park, this
beautiful 1,974± sq. ft. home offers 3 bedrooms, 3 baths, and
peaceful lake views beneath a canopy of mature trees.The main level
features a bright, open layout where the kitchen, dining, and
living areas flow seamlessly together, filled with natural light
from an abundance of windows. The kitchen is well-appointed with
Silestone countertops, stainless steel appliances, an electric
cooktop, and beautifully crafted cabinetry.The tranquil primary
suite provides a relaxing retreat with a beamed ceiling, built-in
desk nook, walk-in closet, and a serene bathroom featuring a
walk-in shower. Two spacious secondary bedrooms share a hall bath
with a tub/shower combination.Downstairs, a large second living
area offers exceptional flexibility as a game room, media room,
office, or hobby space and includes its own full bath-ideal for
guests or extended living.Storage is plentiful with an oversized
laundry room, a walk-in closet beneath the stairs, and three
additional storage closets located on the covered patio.The
generous lot offers ample room to design your dream outdoor space,
whether adding a pool, spa, or custom entertaining area. Enjoy
peaceful lake views, shaded shoreline scenery, and the relaxed
atmosphere of Lake Travis living.Whether used as a full-time
residence, weekend retreat, or potential short-term rental, this
property offers an exceptional opportunity to experience the best
of the lake lifestyle.
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.
Last updated: 7 months ago (Unlock MLS #ACT8630245)
Price History
Date / Event
Date
Event
Price
Oct 28, 2025
Listed by Keller Williams - Lake Travis
$890,000
Listed by Keller Williams - Lake Travis
Property Highlights
Parking Available
Air Conditioning
With View
Parking Details
Has Carport
Parking Features: See Remarks, Carport, Off Street, Outside
Interior Details
Full Bathrooms: 3
Interior Features: See Remarks, Ceiling Fan(s), Beamed Ceilings, Chandelier, Kitchen Island, Open Floorplan, Recessed Lighting, Smart Thermostat, Storage, Walk-In Closet(s), High Speed Internet, Quartz Counters, Interior Steps, Multiple Living Areas, Primary Bedroom on Main
Appliances: Dishwasher, Electric Cooktop, Microwave, Electric Oven, Plumbed For Ice Maker, Stainless Steel Appliance(s), Vented Exhaust Fan, Electric Water Heater, See Remarks, Built-In Oven(s), RNGHD
Flooring Type: Carpet, Tile
Exterior Details
Square Footage: 1974
Square Footage Source: $0
Green Sustainability
Security Features: See Remarks, Carbon Monoxide Detector(s), Smoke Detector(s)
Property Condition: Resale
Year Built Source: Public Records
Year Built: 1960
Waterfront Features: Lake Front, See Remarks
Waterbody Name: Lake Travis
Levels: Two
Other Structures: None
Window Features: Blinds, Double Pane Windows
Construction Materials: Concrete, Frame, Glass, Masonry – All Sides
Patio and Porch Features: See Remarks, Covered, Front Porch
Pool Features: None
Lot Features: Gentle Sloping, Native Plants, Sloped Down, Wooded, Many Trees, Views, Public Maintained Road
Lot Size Area: 13311.94
Lot Size Units: Square Feet
Lot Size Acres: 0.3056
Lot Size Square Feet: 13311.94
Lot Size Dimensions: 118 x 122
Water Source: Public
Financial Details
Tax Map Number: 1
Tax Assessed Value: $1,218,878
Tax Annual Amount: $8,702
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Exhaust Fan
Heating Type: Central, Electric
Sewer : Private Sewer, Septic Tank
Building Info
Overview
General
Year Built:
1960
Effective Year Built:
1971
Building Count:
1
Bedroom Count:
0
Bathroom Count:
2
Full Bathrooms:
1
Partial Bathrooms:
2
Building Condition:
6
Building Quality:
7
Construction Type:
17
Building Style:
0
Exterior Walls Type:
0
Interior Walls Type:
0
Roof Shape Type:
1
Roof Cover Type:
3
Floor Count:
200
Living Units:
1
Floor Cover:
0
Basement Type:
0
Basement Area:
0
Garage Type:
0
Parking Space Count:
0
Patio Type:
20
Porch Type:
7
Pool Type:
0
Dimensions
Lot Size Square Feet:
13,312
Lot Size Depth Feet:
1,210
Lot Size Frontage Feet:
1,170
Total Building Area:
1,974
Gross Building Area:
1,974
Building Area:
1,974
Building Area Measurement:
L
Heating and Cooling
Fireplace Count:
1
Air Conditioning:
1
Heating:
3
Heated Square Feet:
1,974
Heating Fuel Type:
0
Utilities
Sewer System:
0
Water Service:
0
Building
Building Type:
0
Property Class:
R
Subdivision:
ROUND MOUNTAIN SUBD
Land Acres:
0000000306
Standard Land Use Code:
1001
County Land Use Code:
A1
State Land Use Code:
A1
Legal Description 1:
LOT 1 ROUND MOUNTAIN SUBD
Neighborhood
School District Name:
Lake Travis Independent School District
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