4908 Honey Daisy WAY
About This Property
Build your dream home amidst the serene surroundings, blending elegance with natural beauty. Enjoy privacy and security in one of Austin's most prestigious neighborhoods, with easy access to city amenities.
Don't miss out on this opportunity to create your perfect retreat.
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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 |
|---|---|---|---|
| Dec 27, 2025 | Delisted | - | |
| Delisted | |||
| Dec 24, 2025 | In contract | - | |
| In contract | |||
| Oct 30, 2025 | Price Decreased |
$1,550,000
↓ $100K
(6.1%) | |
| Price Decreased | |||
| Jan 29, 2025 | Price Decreased |
$1,650,000
↓ $25K
(1.5%) | |
| Price Decreased | |||
| Jan 15, 2025 | Listed by KW-Austin Portfolio Real Estate | $1,675,000 | |
| Listed by KW-Austin Portfolio Real Estate | |||
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Situated in the exclusive gated community of Spanish Oaks, this 1.04-acre homesite offers one of the final opportunities to build a custom estate in one of Austin’s most desirable neighborhoods. Elevated for privacy and positioned to capture sweeping views of the golf course and Texas Hill Country, the property provides an exceptional setting for a luxury residence.
Architectural plans convey with the sale, offering a fully designed and ready-to-build estate featuring 5 bedrooms, 5 full baths, 2 half baths, a gym, butler’s pantry, safe room, bar lounge, detached guest casita, and an oversized pool and spa. The plans were thoughtfully created to complement the lot’s topography and maximize the views, allowing a buyer to begin construction immediately or customize as desired.
Residents of Spanish Oaks enjoy 24/7 manned gated security, a resort-style pool and Pavilion, a stocked Fish Camp, private trails, and a vibrant community atmosphere. The private Spanish Oaks Golf Club lies within the neighborhood, and the Austin Tennis Academy is located just outside the gates. Conveniently situated within the Lake Travis ISD and minutes from premier shopping, dining, and downtown Austin, this property combines seclusion, natural beauty, and accessibility.
This is a rare opportunity to save the time and money it takes to design a new-build, this is your chance to own a ready-to-build estate site with approved architectural plans in one of Austin’s most prestigious communities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017