23
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3209 Rustic River CV
About This Property
The primary suite is a true retreat, complete with its own private office, beautifully remodeled bath and separate his-and-hers walk-in closets. Secondary bedrooms are notably generous, providing plenty of room for family and guests.
One of the home's greatest assets is its massive finished lower level, which dramatically expands the way the house can live. With a movie theater, abundant gathering space and room for an easy kitchenette conversion, it could become an ideal private guest suite for extended stays, a game room, gym, or a combination of all three. Outside, multiple decks overlook a large swimming pool and a private greenbelt, creating a remarkably peaceful backdrop. Mature landscaping, stone pathways and numerous outdoor living areas make the property equally suited to quiet mornings, family afternoons by the pool and evenings entertaining friends.
The home has also been thoughtfully cared for and improved over time, including a new roof in 2021, updated kitchen appliances, replacement of all HVAC systems, new pool equipment, rebuilt decks, interior painting and lighting updates, and a remodeled primary shower.
Spacious, private and wonderfully livable, this home offers something increasingly rare in Westlake: a substantial traditional home surrounded by greenery, within a gated neighborhood that still feels like a true community.
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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 |
|---|---|---|---|
| Sep 17, 2026 | Listed by Moreland Properties | $2,800,000 | |
| Listed by Moreland Properties | |||
| May 18, 2023 | No longer available | - | |
| No longer available | |||
| May 2, 2023 | No longer available | - | |
| No longer available | |||
| Mar 8, 2023 | Price Decreased |
$2,750,000
↓ $100K
(3.5%) | |
| Price Decreased | |||
| Jan 17, 2023 | Listed by Keller Williams Realty International | $2,850,000 | |
| Listed by Keller Williams Realty International | |||
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Located in a gated community of Westlake, this distinguished 7,000 square foot home is situated on a private cul-de-sac bordering a sweeping greenbelt. The thoughtfully designed floor plan boasts 6 bedrooms, 6.5 baths, multiple living, dining, and office areas, and a serene pool creating a personal oasis away from the bustle of city life. This propertyâs appeal is instantly apparent from the curb with immaculately manicured landscaping. Upon entry, be greeted by an elegant curved staircase in the graceful foyer. Move into extraordinary open concept living and dining and take in the natural sunlight cascading through the soaring two story wall of windows creating a warm and inviting ambience. Stunning hardwood floors reflect the abundant light accentuating the tasteful style of the space. Glance into the nicely appointed kitchen that comes with granite countertops, kitchen island, gas cooktop and stainless steel appliances. Kitchen opens to the breakfast area and to the main living area. Large formal dining room is perfect for entertaining. Enormous Ownerâs Suite offers two expansive walk-in closets. En-suite bath has double vanities, soaking tub, large walk-in shower, and a separate vanity area. Additional 5 bedrooms and 5.5 baths allow endless configurations to fit any lifestyle. This sophisticated home was built with entertaining in mind! Socialize al fresco on the multiple decks overlooking the pool and lush greenbelt. Travel to the lower floor that has its own kitchenette, media room, gym, and game room that is large enough to fit both a pool table and ping pong table - a space this vast can accommodate a gathering of any size! This home is nestled in an unparalleled Westlake locale in the top-tier Eanes ISD. 8 miles away from Downtown Austin and 3.5 miles from Austin Country Club - this home is Austin living personified. The manager has listed the unit size as 7000 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017