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4005 Paloma CIR
About This Property
Remodel the original Home or take advantage of a rare parcel, providing 1.5 plus acres of buildable land for your dream home. Ecompassing amazing, elevated Lake Travis Views and Sunsets!! The 2 parcels provide 3 streets, driveway access points, all 3 are culdesacs! This is a must see to fully appreciate it's opportunity!
Located within the Vista Grande HOA community and Lake Travis ISD.
Two offerings; 3659 sq/ft Home and pool, on 1.112 Acres w/ contiguous .528 acre parcel or the home without the contiguous parcel. HOA prohibits STR/VRBO
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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 5, 2026 | Listed by Engel & Volkers Austin | $1,190,000 | |
| Listed by Engel & Volkers Austin | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017