9
Map
5307 Cree LN
About This Property
Set on 0.21 acres in the Hudson Bend neighborhood full of character - and no HOA - the property feeds into the prestigious Lake Travis ISD. Enjoy unbeatable proximity: minutes to Lake Travis, Lakeway shopping and dining, Bee Cave, and the Hill Country Galleria. Approximately 30 miles to Austin-Bergstrom International Airport (ABIA) and easy access north to Cedar Park, Leander, and Austin tech corridors.
If you're looking for something more distinctive - and more flexible - than a typical production build, this is it. Further construction will start once under contract. Optional upgrades may be possible and included into an agreed adjusted purchase price. Images/Renderings are of proposed plans and are subject to change at builder's discretion.
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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 |
|---|---|---|---|
| Feb 1, 2026 | No longer available | - | |
| No longer available | |||
| May 6, 2025 | Listed by Keller Williams - Lake Travis | $799,000 | |
| Listed by Keller Williams - Lake Travis | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017