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4704 Toreador DR
About This Property
The living area emerges as the heart of the residence, where expansive floor-to-ceiling windows not only flood the space with sunlight but also frame the exquisite vistas, blending relaxation with refined entertainment. This residence is ingeniously designed to accommodate multi-generational living, highlighted by a secluded Primary Suite that features lofty ceilings, awe-inspiring views with private access to the front balcony, and a well appointed primary bathroom with two walk-in closets. The suite's balcony is a sanctuary for witnessing the mesmerizing sunsets that paint the Austin skyline.
On the main level, a dedicated office space, boasting the same breathtaking views, provides flexibility for conversion into a nursery or guest room, reflecting the home's adaptability to its residents' evolving needs. The dining area, with its direct views of downtown, is easily accessible from the butler's pantry and kitchen, crafting an ideal environment for social gatherings.
The lower level unfolds as a distinct living quarter with a private entrance, perfectly suited for guests, extended family living, or as a lucrative short-term rental option. This level's thoughtfully planned plumbing infrastructure anticipates the easy addition of a kitchenette. Moreover, the expansive lower living room adapts to various uses, from a fitness area to a creative workshop.
Residing within the bounds of the esteemed Eanes Independent School District, 4704 Toreador is zoned to top ranked schools in both academics and sports.
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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 |
|---|---|---|---|
| Mar 20, 2025 | Listed by KW-Austin Portfolio Real Estate | $2,475,000 | |
| Listed by KW-Austin Portfolio Real Estate | |||
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4704 Toreador Drive | Panoramic Views & Timeless Architecture
Perched high on Bull Mountain, 4704 Toreador Drive offers an unparalleled 220-degree view of downtown Austin, the UT Tower, the State Capitol, and glimpses of Lake Austin. This mid-century modern home embraces its natural surroundings, set on a private 1.02-acre lot with mature oak trees, creating a peaceful retreat just minutes from the city.
Key Features:
4 Bedrooms | Just under 4,000 Sq Ft – Thoughtfully designed for flexibility and function.
- Unmatched Views – Expansive floor-to-ceiling windows capture breathtaking skyline and hill country panoramas.
- Multi-Functional Layout – The lower level has a private entrance, making it ideal for guests, multi-generational living, or rental income potential.
- Secluded Primary Suite – Spacious with a private balcony and dual walk-in closets.
- Eanes ISD – Located in one of Austin’s most sought-after school districts.
- HEB, Austin Country Club, Hiking on the Greenbelt, Lake Austin Boat Ramp, Westlake High School, Bridgepoint Elementary School all just a short drive from the home.
This home is move-in ready with well-maintained features, but also presents an opportunity for customization to suit modern tastes. The location, views, and timeless architecture make this a rare find.
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| Nov 26, 2024 | Delisted | - | |
| Delisted | |||
| Nov 22, 2024 | In contract | - | |
| In contract | |||
| Aug 15, 2024 | Price Decreased |
$2,650,000
↓ $349K
(11.6%) | |
| Price Decreased | |||
| May 31, 2024 | Price Decreased |
$2,999,000
↓ $250K
(7.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017