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3310 San Mateo DR
About This Property
Rich wood floors, custom built-ins, floor-to-ceiling bookshelves, custom paneling, sliding pocket doors, architectural lighting, statement wallpaper, custom window treatments, and carefully curated finishes add character and sophistication at every turn and large format windows frame the home's spectacular natural setting. The beautifully refreshed kitchen blends the classic aesthetics of marble counters, hand-glazed artisan clay tiles, mahogany butcher-block island, and stainless appliances with modern functionality. The adjoining breakfast area and living room enjoy views of the backyard, pool, and distant hills beyond. The primary suite features large windows to capture the views and fill the space with natural light. Its bath features dual vanities, marble counters and floors, a soaking tub, and a seamless-glass shower.
A sparkling pool anchors the old-world limestone pool terrace, while multiple seating areas create distinct spaces for entertaining and relaxation. An extraordinary outdoor living area features a built-in grilling station and a striking masonry fireplace. Framed by mature oaks and native landscaping, the backyard offers a rare combination of usable space, privacy, and stunning Hill Country scenery more commonly associated with homes at a significantly higher price point. Life in Lake Pointe means miles of hiking trails, meandering creeks, and access to Lake Austin's waterfront. Residents enjoy the highly acclaimed schools and a famously close-knit neighborhood atmosphere, all while being just moments from the shopping, dining, and entertainment options of Bee Cave, Lakeway, and Austin. A property of this caliber is an increasingly rare find.
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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 4, 2026 | In contract | - | |
| In contract | |||
| Jul 23, 2026 | Listed by Keller Williams Realty | $1,250,000 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017