40
Map
36 Cottondale RD
About This Property
Inside, the home has been refreshed with new hardwood flooring and carpet, creating a warm, timeless feel throughout. The expansive grounds provide endless potential for outdoor living, future enhancements, or simply enjoying the privacy afforded by the oversized homesite.
Residents of The Hills enjoy access to world-class amenities and championship golf courses, including The Hills, Flintrock, Live Oak, and Yaupon, along with tennis courts, multiple swimming pools, a state-of-the-art fitness center, and upscale dining options. The community also features a private playground, sport court, dog park, scenic walking trails, and an active social calendar that fosters a true sense of community.
Ideally located within easy walking or biking distance to Lakeway Elementary and zoned to the highly acclaimed Lake Travis Independent School District, this home combines luxury living, convenience, and an exceptional Hill Country lifestyle-all in one of Lakeway's most sought-after gated communities. The in-progress future development of The Square at Lakeway will be a stone's throw away, offering unparalleled convenience and proximity to future restaurants, retail and a five acre public park.
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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 |
|---|---|---|---|
| Jan 25, 2026 | In contract | - | |
| In contract | |||
| Jan 14, 2026 | Listed by Keller Williams - Lake Travis | $1,050,000 | |
| Listed by Keller Williams - Lake Travis | |||
| Oct 24, 2025 | No longer available | - | |
| No longer available | |||
| Aug 22, 2025 | Price Decreased |
$1,050,000
↓ $25K
(2.3%) | |
| Price Decreased | |||
| Jul 31, 2025 | Price Decreased |
$1,075,000
↓ $50K
(4.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017