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4811 Timberline DR
About This Property
The main level features dramatic open living areas filled with natural light, the spacious primary suite with two walk-in closets & a Zen-inspired bathroom, a guest BDRM/bath, formal dining room, study with separate entrance, (with potential to be a full separate apartment), TV room/den/playroom adjacent to the kitchen, gym with direct access to the hot tub/pool, & two powder rooms.. Upstairs, two additional BDRMS/baths are joined by a game room, dedicated movie theater/media room and an enormous bonus space offering endless possibilities for a second living area, studio, playroom or more. A walk-out sunset terrace with views provides another inviting place to unwind.
Outdoors, enjoy a hot tub/pool, BBQ area, putting green and patio beneath a canopy of mature trees-creating a private setting for entertaining or relaxing. Additional highlights include two utility rooms, a walk-in attic with up to 500 square feet of storage, full Savant home automation and a rare private pull-through driveway, motor-court and garages for 3 cars.
Beyond the home, the Rollingwood lifestyle and rare walkability of the property are equally compelling. Rollingwood Park, community playing fields, tennis & the athletic club are just behind the property, while Zilker Park, Trader Joe's & several restaurant/shopping destinations are within walking distance. Downtown Austin is only minutes away. Located within acclaimed Eanes ISD, this is a rare opportunity to enjoy the space, community & tranquility of Rollingwood with exceptional access to the heart of Austin.
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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%.
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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.
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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 |
|---|---|---|---|
| Sep 18, 2026 | Listed by Christies Intl Real Estate Lone Star | $4,890,000 | |
| Listed by Christies Intl Real Estate Lone Star | |||
| Aug 5, 2026 | No longer available | - | |
| No longer available | |||
| Aug 4, 2026 | In contract | - | |
| In contract | |||
| Apr 7, 2026 | Listed by Compass RE Texas, LLC | $5,000,000 | |
| Listed by Compass RE Texas, LLC | |||
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VALUE MEETS LUXURY IN SOUGHT-AFTER ROLLINGWOOD! This exceptional Waters Custom Home, built in 2020, is a true standout. Not only a tremendous value at this price for a luxury home, it also sits on one of the highest points on the premier street in the neighborhood. Offering over 6100 sf of beautifully crafted living spaces and timeless design with no high-end details spared-from cabinets to technology. This home includes a complete SAVANT HOME AUTOMATION SYSTEM where you can control all lighting, TVs, music, and AC. Zoned to acclaimed Eanes ISD with an unbeatable location just minutes from downtown Austin. Here's a rare opportunity to own a newer luxury home with a unique and private pull through driveway, at an amazing price.
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| Jun 10, 2025 | Withdrawn | - | |
| Withdrawn | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017