4307 Shadow Oak LN
About This Property
Elegance abounds with hardwood floors, soaring ceilings, graceful archways, and wide windows. The charming dining room leads to a spacious living room with a fireplace, perfect for gatherings.
The gourmet eat-in kitchen boasts blue custom cabinetry, quartz countertops, and high-end appliances, including a Viking gas cooktop. The adjacent family room is ideal for relaxation and entertainment.
The private bedroom wing includes a main-floor owner's suite with bay windows and patio access. The marble en suite bathroom adds a touch of luxury.
The upper level features two bedrooms, a Jack-and-Jill bathroom, and an expansive vaulted game room with media cabinets and a wet bar. The home also includes a wine closet, sound-attenuated music studio, and a versatile bonus room with built-in desks.
The landscaped front yard offers a mature entrance, and the multi-level backyard includes stone patios, a fire pit, planter beds, and a large lawn. Exterior lighting, a majestic live oak, and expansive views enhance the ambiance.
Renovated in 2010, the home features a multi-unit HVAC system, tankless water heater, and updated wiring. Located in Rockcliff Estates, it provides cul-de-sac living with easy access to Downtown Austin, Lake Austin recreation, and top-rated Eanes ISD schools.
More than a home, it's a lifestyle choice for luxury, comfort, and convenience in one of Austin's most sought-after neighborhoods.
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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 |
|---|---|---|---|
| Apr 8, 2024 | In contract | - | |
| In contract | |||
| Mar 25, 2024 | Price Decreased |
$2,595,000
↓ $100K
(3.7%) | |
| Price Decreased | |||
| Jan 31, 2024 | Listed by Douglas Elliman Real Estate | $2,695,000 | |
| Listed by Douglas Elliman Real Estate | |||
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About Rockcliff Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017