Charming country style Home on 3.09-Acres at Lake Travis which
allows horses. Home rests off street at northeast quadrant of the
Lot. Scenic views of Muleshoe Bend of Lake Travis and panoramic
hill country. Home is well designed with master down on entry
level, wet bar with wine chiller, fireplace, open great room,
granite kitchen with large breakfast bar for entertaining. Huge
covered back porch plus upstairs covered balcony with cathedral
wood ceiling. 4-car deep drive thru garage with both front and rear
overhead doors. Laundry mud room with sink. Master primary bath
with deep soaking tub, separate shower, double vanity and walk-in
closets. Upstairs den, study, library, office, or flex bonus room
with glass doors to balcony and scenic views, plus shared full bath
to 3rd bedroom. 2nd bedroom has another full bath. Front yard
acreage is level for pasture with bluebonnets, or space for guest
house, 2nd garage/shop/man cave, she shed, corral, barn, etc.
Neighbor has putting green. Lovely scenic canyon along left side of
Lot with stone steps and walkways down to lower yard patios and
pathway to Lake Travis. Re-Sub of Lot 12 into 12-B for
2.75-Acres is in process. Welcome home, make it yours..!!!
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.
Interior Features: Bar, Breakfast Bar, Ceiling Fan(s), Beamed Ceilings, Granite Counters, Double Vanity, Pantry, Walk-In Closet(s), Wet Bar, High Speed Internet, Two Primary Suties, Primary Bedroom on Main
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