12
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3301 Boone DR
About This Property
Come enjoy the lake life in Lago Vista! Highly rated schools in a desirable location on Lake Travis: LVISD has established itself as one of the state's top-ranking school systems, living up in every way to its "Excellence in all we do" motto. Enjoy Lago Vista's winery, area golf courses, marinas, and performing arts, or take a 40-minute drive to downtown Austin or a 30-minute drive to The Domain to employment centers and entertainment offerings. For a minimal $20/month fee, you become members in the Lago Vista Property Owners Association with exclusive access to 9 private waterfront parks, basketball court, boat ramps, campground, disc golf course, fishing well, fitness center, hiking trail, marinas, parks, pavilions, pool, athletic field, tennis courts, pickle ball courts, playgrounds and more!
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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 |
|---|---|---|---|
| Jul 31, 2026 | Price Decreased |
$29,900
↓ $10K
(24.3%) | |
| Price Decreased | |||
| Apr 26, 2026 | Price Decreased |
$39,500
↓ $500
(1.3%) | |
| Price Decreased | |||
| Jan 11, 2026 | Price Decreased |
$40,000
↓ $10K
(20%) | |
| Price Decreased | |||
| Oct 2, 2025 | Listed by eXp Realty, LLC | $50,000 | |
| Listed by eXp Realty, LLC | |||
| Jun 1, 2024 | No longer available | - | |
| No longer available | |||
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About Highland Lake Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017