326 Lost Cove DR
About This Property
Leave the noise behind and settle into the calm of true country living at this private Hill Country retreat in Spicewood. Nestled on a beautiful, tree-filled 1-acre lot in a quiet community of just 26 lots, 16 homes, this one-owner property offers the kind of peace, space, and simplicity that's getting harder to find.
Life feels different here. Mornings start slower with coffee on the screened-in patio, surrounded by the sounds of nature. Evenings invite you to gather with friends, fire up the BBQ, or head down to the lake for a quiet swim or sunset fishing at the private waterfront-reserved for residents only. With your own private boat ramp just minutes away, lake days are effortless and uncrowded.
Inside, the home is warm, inviting, natural light filled and designed for comfort and entertaining. The large kitchen with a walk-in pantry is generous space to gather. With 3 bedrooms and an office downstairs, 2.5 bathrooms, there's room to live, work, and host with ease.
Comfort meets practicality throughout-concrete floors help keep the home cool, while a wood-burning stove creates the perfect cozy atmosphere on cooler nights. The metal roof offers durability and easy maintenance, and energy-efficient features like low-E windows, a high-efficiency HVAC system with HEPA filtration, and an attic fan help keep utility costs low.
You'll also appreciate the incredible amount of storage and the oversized 25' x 30' garage-plus RV and boat parking right on your property. No storage fees, no hassle-just convenience and peace of mind knowing everything is protected.
Surrounded by mature trees and located in a low-traffic, peaceful neighborhood, this home offers a rare blend of privacy and community. Enjoy being just minutes from the lake and a short drive to highly rated Spicewood Elementary.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 16, 2026 | In contract | - | |
| In contract | |||
| Jul 11, 2026 | Price Decreased |
$494,900
↓ $10K
(2%) | |
| Price Decreased | |||
| Jun 14, 2026 | Price Decreased |
$504,900
↓ $10K
(1.9%) | |
| Price Decreased | |||
| May 22, 2026 | Price Decreased |
$514,900
↓ $9K
(1.7%) | |
| Price Decreased | |||
| Apr 28, 2026 | Price Decreased |
$524,000
↓ $5K
(1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017