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3204 Tabletop Mountain DR
About This Property
A detached carport offers convenient covered parking, along with a great workshop space ideal for hobbies, storage, or projects. The expansive acreage provides plenty of room to enjoy the outdoors and create your own private retreat - and situated in Hazy Hills Ranchettes, the property offers excellent development opportunity with minimal restrictions, giving buyers flexibility to build out their vision.
Located in the desirable Lake Travis ISD, this property combines peaceful country living with easy access to the amenities and recreation of the Lake Travis area. Whether you're seeking true seclusion or looking to capitalize on Spicewood's booming growth, this is a rare opportunity to enjoy space, privacy, and the natural beauty of the Texas Hill Country - and a smart investment for the future.
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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 |
|---|---|---|---|
| Aug 22, 2026 | Listed by Keller Williams - Lake Travis | $525,000 | |
| Listed by Keller Williams - Lake Travis | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017