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5120 Kite Tail DR
About This Property
Inside, soaring ceilings and an open-concept layout create a bright, inviting space with multiple living areas perfect for entertaining or relaxing. The main level includes a dedicated office with French doors and a large front-facing window, offering the perfect space to work from home in style and comfort. The living room seamlessly flows into the kitchen, creating a bright, welcoming space where conversations move as easily as the floor plan. At the heart of the home lies a fully renovated chef's kitchen featuring a sleek island, breakfast bar, gas cooktop, high-end touchscreen SS appliances, & soft-close cabinetry with pullout shelves for optimal storage. Enjoy casual meals in the sunny eat-in kitchen or host gatherings in the elegant formal dining room. The main-level primary suite is a serene escape with bay windows & a spa-like bath featuring a jacuzzi tub, frameless walk-in shower, & dual vanities. Upstairs, a spacious additional living area is ideal for a kids' playroom, teen hangout, or media space, along with 3 generously sized secondary bedrooms and 2 full baths. Step outside to your backyard oasis-an expansive stone patio shaded by mature trees, including a majestic Heritage Oak. The 8-ft stone privacy fence offers unmatched seclusion, and a stone shed with electricity adds storage or hobby space. Zoned to top-rated schools: River Place Elementary (walk/bike distance), Primrose, Kido, School in the Hills Montessori, Four Points MS, and Vandegrift HS. Walk to Sun Tree Park, River Place Country Club & golf course, and scenic hiking trails. Minutes to Target, H-E-B, Lake Travis, The Domain, and Downtown 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%.
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 |
|---|---|---|---|
| Oct 22, 2025 | In contract | - | |
| In contract | |||
| Oct 15, 2025 | Price Decreased |
$850,000
↓ $75K
(8.1%) | |
| Price Decreased | |||
| Aug 5, 2025 | Listed by eXp Realty, LLC | $925,000 | |
| Listed by eXp Realty, LLC | |||
| Jan 30, 2020 | No longer available | - | |
| No longer available | |||
| Jan 4, 2020 | Listed by Keller Williams - Lake Travis | $670,000 | |
| Listed by Keller Williams - Lake Travis | |||
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Wonderfully maintained home in desirable River Place.Improvements include: Plantation shutters on all windows, new carpet upstairs (2019), a new interior and exterior paint (2019), new gas cook top (2019), new water heater (2019), new roof in 2016, large stone patio, stone fence, stone storage building, 3 car (tandem) garage, master on main level. The manager has listed the unit size as 3190 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017