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4908 Canyon Ranch TRL
About This Property
Sports enthusiasts will appreciate the rare infrastructure: two state-of-the-art glass-enclosed Padel courts, an ITF-regulation tennis court, expansive playground, outdoor kitchen with gazebo, multiple patios for viewing & entertaining, plus on-site equipment storage.
The 3BD/2.5BA custom main home (2004) offers an open layout with soaring ceilings, abundant natural light, two living areas, two dining spaces, curated finishes & seamless indoor-outdoor living. Patios include an outdoor kitchen, fireplace, fire pit & a pool with spa & waterfall overlooking rolling hills.
The stylish guest house (2015) features a studio-style layout with lofted sleeping quarters, full kitchen, bath, utility room, two spacious decks with views, private hot tub & an attached climate-controlled garage currently serving as an office or bonus living area.
Additional highlights: 25,000-gal rainwater collection system, private well, metal roofs, septic systems, fully fenced grounds & low 2023 tax rate of 1.56%. A rare chance to own a turn-key compound with stunning views, top-tier amenities & future potential in the heart of Texas Hill Country.
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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 |
|---|---|---|---|
| Aug 9, 2025 | No longer available | - | |
| No longer available | |||
| May 27, 2025 | Listed by Christie's Int'l Real Estate | $3,200,000 | |
| Listed by Christie's Int'l Real Estate | |||
| Jun 12, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Mar 22, 2024 | Listed by Compass RE Texas, LLC | $2,995,000 | |
| Listed by Compass RE Texas, LLC | |||
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Natural beauty and fabulous recreational amenities merge beautifully to create the perfect retreat. Enjoy tremendous privacy and tranquility on over 15 gorgeous acres, conveniently located in the Lake Travis School District just minutes from shopping and entertainment. Nature lovers will treasure fishing in Lick Creek as it winds through the property, hiking, and enjoying the views and natural beauty.
Tennis or Padel, anyone? Sports enthusiasts will love two state-of-the-art padel courts and an ITF regulation tennis court. Don't know what padel is? Ask your friends from Europe or Mexico! Think squash meets tennis - it's social, fun, and the fastest-growing sport in the world. An amazing playground will delight the young and young at heart! This recreational area is thoughtfully designed for enjoyment with patio areas for viewing the play, an outdoor gazebo/kitchen, and equipment storage. You must see to appreciate!
The main home is a terrific one-story custom home built in 2004. This home has an open floor plan with 3 bedrooms, 2.5 baths, 2 dining and 2 living areas. The outdoor living spaces include expansive covered and uncovered patio areas and a beautiful pool and spa. The guest house, built in 2015, is sophisticated and modern. The studio-style home features a huge living area with a sleeping loft and a well-appointed kitchen and bath. A large attached garage space is insulated, HVAC'd and finished out nicely. The possible uses for this space are endless, and it is currently used as a home office and living area. The guest house also features two spacious decks and a hot tub.
This property has been meticulously maintained, and in addition to the existing homes and amenities, the hilltop acreage offers tremendous building sites with views. The homes have metal roofs, are on septic systems, and water is provided by both a well and rainwater system with a 25,000-gallon storage tank. Owners enjoy a low tax rate of 1.56 (2023).
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017