Highest quality luxury new build in Central Austin with a fully
equipped casita -and one of the few truly walkable blocks in NW
Hills. Bonus features and details you won't find in other new homes
unless you take 3 years to build it yourself. Ask about rate buy
down. Step through the dramatic entry - walls of glass pull your
gaze straight through to the pool beyond. The covered patio
flows from the main living room onto expansive low-maintenance
decking, past the infinity-edge pool w/cascading waterfall, to an
alfresco dining area & fully equipped outdoor kitchen - gas grill,
pizza oven, & beverage fridge. A chef's kitchen built to entertain
with high-end Thermador appliances, double dishwashers & multiple
beverage stations keep hosting effortless. A butler's pantry with
Bosch refrigerator and freezer sits tucked behind the kitchen, and
the adjacent dining room adds a wine fridge. The downstairs primary
features heated floors and a full steam room; a matching suite
upstairs offers flexibility for multigenerational living or guests.
A dedicated office with abundant natural light, CAT 6 wiring, and a
lockable door sits privately apart from the downstairs suite. The
Casita is true second dwelling with a bar and a Bosch Fridge with
an ice maker, full bath, laundry connections, high ceilings, and
pocket glass doors opening cabana-style onto the pool deck - plus
its own private garden patio. Ideal for long-term guests, home
office, it's an asset most 78731 homes simply don't offer, and a
meaningful edge at resale. A quiet premium block on a flat 0.3-acre
lot with mature oaks, steps from top-rated Doss Elementary and its
playground, the Murchison track, and a hillside park. Walk to a
dozen eateries, HEB, and the Jewish Community Center - a rarity in
NW Hills. Residence shares a lot with 3805 Rockledge West next
door. Only common element is dividing fence line. Homes are very
private. HOA docs available, and there are no annual dues beyond
shared liability insurance policy.
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.
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