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4218 Hillside DR
About This Property
Just a short stroll from Lake Travis, you'll have easy access to boat ramps, marinas, and scenic waterfront parks. Life here means enjoying the outdoors every day, with community-exclusive amenities such as disc golf, hiking trails, a swimming pool, fitness center, courts, playgrounds, fishing well, and pavilions spread across more than 350 acres of recreational space.
Families appreciate the highly rated Lago Vista ISD, known for strong performance and a true small-town community feel. And while you'll enjoy the tranquility of lake and Hill Country living, you're still close to everything-only 30 minutes to The Domain, 45 minutes to downtown Austin, and less than an hour to the airport.
4218 Hillside Dr is more than just land-it's an invitation to live the Hill Country lifestyle, where convenience, community, and the beauty of Lake Travis come together.
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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 |
|---|---|---|---|
| Jan 2, 2026 | No longer available | - | |
| No longer available | |||
| Sep 6, 2025 | Listed by LPT Realty, LLC | $68,500 | |
| Listed by LPT Realty, LLC | |||
| Sep 5, 2025 | Delisted | - | |
| Delisted | |||
| Sep 2, 2025 | In contract | - | |
| In contract | |||
| Jun 22, 2023 | No longer available | - | |
| No longer available | |||
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About Highland Lake Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017