312 Starfire DR
About This Property
Built in 2021 and set along one of the community's most desirable streets, the Highcrest floor plan lives primarily on the main level, where all bedrooms and everyday living spaces unfold with intention. Natural light fills the home, highlighting an open-concept kitchen anchored by quartz countertops, an oversized island, stainless steel appliances, and a walk-in pantry, designed for effortless entertaining.
A dedicated home office offers a quiet, refined workspace, while expansive windows frame serene greenbelt views and create a seamless connection to the outdoors. The covered patio extends the living space, inviting relaxed Hill Country evenings and easy indoor-outdoor flow. Solar panels add a layer of efficiency and long-term value along with a water softener and water filtration for the home.
The primary suite is both private and well-appointed, featuring remote-controlled blackout shades, tranquil views, and a spacious bath with dual vanities, a soaking tub, and a walk-in super shower. A generous walk-in closet completes the space with both form and function.
Upstairs, a large-scale game room offers a completely separate retreat, perfect for entertaining, movie nights, or a second living area, complete with a powder bath and access to a private covered balcony with sweeping views.
Additional highlights include wide-plank LVP flooring, tray ceilings, enhanced lighting throughout, and a sought-after three-car side-by-side garage with EV charger.
Located within Headwaters, residents enjoy miles of trails, resort-style amenities, and access to highly acclaimed Dripping Springs ISD. A home that balances thoughtful design, livability, and elevated spaces in one of the Hill Country's most sought-after communities.
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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 |
|---|---|---|---|
| Jun 9, 2026 | In contract | - | |
| In contract | |||
| May 21, 2026 | Price Decreased |
$845,000
↓ $5K
(0.6%) | |
| Price Decreased | |||
| Apr 2, 2026 | Price Decreased |
$850,000
↓ $45K
(5%) | |
| Price Decreased | |||
| Mar 18, 2026 | Listed by Compass RE Texas, LLC | $895,000 | |
| Listed by Compass RE Texas, LLC | |||
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About Hays
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017