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Map
404 Skyline RD
About This Property
Tucked on a quiet cul-de-sac in an established neighborhood, the property is framed by mature trees and peaceful, gently rolling views that make everyday living feel like a retreat. Spend slow mornings reading beneath the trees, get your laps in at the fenced quarter-Olympic-sized pool, unwind in the spa, or relax on the expansive patio while taking in the scenery and church steeple on the horizon. With 3.39 acres to make your own, there is room for a casita, garden, workshop, picnic area, animals/horses, or simply more space to roam.
Inside, the open floor plan is filled with natural light and grounded by beautiful wood floors and has been freshly painted. The spacious living room features a stone fireplace and serene backyard views, flowing easily into the dining area and kitchen with concrete countertops, light wood cabinetry, stainless steel appliances, and built-out pantry. A half bath is conveniently located off the living area.
The generous primary suite includes dual vanities, a frameless walk-in shower, and a large walk-in closet with custom built-ins. Two additional bedrooms for guests or a home office both feature closet shelving and share a full bath. A dedicated laundry room, additional storage room, spacious shed, electric dog fence, and extended garage with room for those Texas-sized trucks add everyday function.
All of this comes with the privacy of acreage while still being just a short drive from Downtown Georgetown, Wolf Ranch, Lake Georgetown, shopping, dining, hospitals, and everyday conveniences. Easy access to I-35 and SH 29 keeps commuting simple while letting you come home to something that feels worlds away.
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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 |
|---|---|---|---|
| Aug 23, 2026 | In contract | - | |
| In contract | |||
| Aug 10, 2026 | Listed by KWLS - T. Kerr Property Group | $799,000 | |
| Listed by KWLS - T. Kerr Property Group | |||
| Aug 1, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jun 24, 2026 | Price Decreased |
$799,000
↓ $51K
(6%) | |
| Price Decreased | |||
| Apr 15, 2026 | Price Decreased |
$849,900
↓ $75K
(8.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017