5425 CHEROKEE DRAW RD
About This Property
The impressive entry welcomes you with a private office featuring custom barn doors, along with a dining room and butler's pantry that connects to the kitchen. Beautiful hardwood flooring and a dramatic rotunda entry lead into the expansive family room, kitchen, and breakfast area-a welcoming space designed to bring everyone together! A versatile MAIN-LEVEL FLEX ROOM offers endless possibilities as a media room, game room, playroom, or secondary office. The private Primary Suite is a true retreat, and best of all, ALL BEDROOMS are located on the MAIN LEVEL. The spa-inspired bath features dual vanities, a garden tub, a large frameless glass shower with built-in seating, and an oversized walk-in closet. Three additional bedrooms are thoughtfully positioned for privacy. Recent improvements include a July 2025 NEW ROOF and exterior PAINT, along with a low-maintenance turf backyard that adds beauty and convenience. Outside, a custom freestanding stone fireplace creates a stunning focal point for year-round enjoyment. Gather for s'mores, gardening, or fireside conversations while enjoying the covered patio and flat backyard ideal for kids and pets. Lives like a SINGLE STORY! A spacious game room and half bath on the second level provide approximately 500 square feet of bonus space-perfect for movie nights, hobbies, or guests while the home's primary living areas remain on the main floor. Located in highly sought-after SWEETWATER within acclaimed Lake Travis ISD, residents enjoy resort-style amenities including pools, parks, trails, and a fitness center, all just minutes from the Hill Country Galleria, top-rated schools, hospitals, and abundant dining and shopping options. DO NOT CONTACT. SELLER IS ON DO NOT CALL LIST. PROPERTY IS FOR LEASE.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 10, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jun 11, 2026 | Price Decreased |
$775,000
↓ $25K
(3.1%) | |
| Price Decreased | |||
| Jun 11, 2026 | Relisted | $799,900 | |
| Relisted | |||
| Jun 8, 2026 | In contract | - | |
| In contract | |||
| May 14, 2026 | Price Decreased |
$799,900
↓ $20K
(2.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017