Experience refined Hill Country living in this exceptional custom
estate by Eliot J. Construction, privately situated on
approximately one acre in the exclusive gated Lakewind Estates.
Surrounded by mature trees & beautifully manicured grounds, this
Santa Barbara-inspired residence combines timeless architecture,
impressive scale, & resort-style amenities in one of the Lake
Travis area's most distinctive settings. Spanning approx. 4,978
square feet, the home offers 5 spacious bedrooms, each with its own
private ensuite bath, plus a convenient guest half bath. Soaring
ceilings, arched architectural details, rich hardwood floors,
expansive windows, & walls of glass create a dramatic yet inviting
interior filled w/ natural light. The open-concept living & dining
areas are anchored by a beautiful fireplace & flow seamlessly into
the chef's kitchen, creating an ideal setting for both everyday
living & entertaining. The kitchen features generous cabinetry, a
large center island with seating, premium finishes, & opens to the
main living spaces. Oversized glass doors extend the interior
directly to the covered outdoor living area, creating an effortless
indoor-outdoor lifestyle & showcasing the privacy of the
surrounding Hill Country landscape. The primary suite is a private
retreat w/ high ceilings & a spacious spa-inspired bath featuring
dual vanities, an oversized walk-in shower, freestanding tub & dual
closets. Upstairs, provide flexibility for family & guests,
including a **game room w/ pool table and a private sauna**, adding
another unexpected resort-style amenity. Outside is where this
property truly stands apart. The backyard has been designed as a
private resort with a custom swimming pool and elevated spa,
expansive covered patios, multiple gathering areas, and a fully
equipped outdoor kitchen. The beautifully landscaped one-acre
grounds also feature private sport court configured for
**pickleball and basketball**, offering recreation without ever
leaving home.
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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