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5600 Lakeview DR
About This Property
Set back from the road and surrounded by natural landscaping, the home blends seamlessly into its setting with rustic stone and wood siding. The oversized lot wraps around the property, offering room to roam, garden, or expand. A stone pathway leads you past native plantings to a cozy front porch, while a covered carport makes everyday living easy.
Inside, the home exudes warmth with a classic stone fireplace anchoring the living room, perfect for cool evenings. The adjoining dining area and efficient kitchen create a functional flow, and large windows invite natural light and serene views of the yard.
The main house features two comfortable bedrooms and a well-kept bath, offering a clean slate to personalize. But the real surprise? A separate guest house with its own kitchen, bathroom, and private entry-perfect for hosting, a home office, or rental income.
Step outside to an expansive back deck ideal for grilling, relaxing, or stargazing under big Texas skies. Need extra room for tools or hobbies? You'll love the detached workshop and storage buildings that complete this versatile property.
But what truly sets this home apart is its access to the private waterfront park-just at the end of Lakeview Drive. Launch a kayak, drop a fishing line, or simply soak up the sunset over Lake Travis in your own community oasis.
Whether you're seeking a weekend retreat, investment opportunity, or full-time lakeside lifestyle, 5600 Lakeview Drive invites you to slow down, spread out, and bring your vision to life.
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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 |
|---|---|---|---|
| Aug 28, 2025 | In contract | - | |
| In contract | |||
| Aug 6, 2025 | Price Decreased |
$320,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Jul 16, 2025 | Price Decreased |
$325,000
↓ $25K
(7.1%) | |
| Price Decreased | |||
| Jun 25, 2025 | Price Decreased |
$350,000
↓ $15K
(4.1%) | |
| Price Decreased | |||
| Jun 5, 2025 | Price Decreased |
$365,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017