$625,000
●
Land -
For Sale
5704 TWIN PEAKS TRCE
Austin, TX 78738
Studio
0 Bath
$3,209
Est. Monthly
$140
HOA / Fees
About This Property
Discover an outstanding opportunity in Madrone Canyon, the most
desirable gated community in West Austin. This flat, mostly cleared
lot sits at the highest elevation in the neighborhood, providing
superior privacy, a secluded backyard and dramatic Hill Country
views. Ready to build, the homesite accommodates a range of custom
plans - work with esteemed Ames Design Build to craft your dream
residence or bring your preferred builder. Enjoy unparalleled
location, privacy and long-range vistas in a community known for
quality and exclusivity.
Unit Size
-
Days on Market
-
Land Size
1.06 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$140
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (Unlock MLS #ACT9856760)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 31, 2026 | Listed by Christies Intl Real Estate Lone Star | $625,000 | |
| Listed by Christies Intl Real Estate Lone Star | |||
| Sep 1, 2025 | No longer available | - | |
| No longer available | |||
| Jan 31, 2025 | Listed by Christie's Int'l Real Estate | $625,000 | |
| Listed by Christie's Int'l Real Estate | |||
   | |||
|
Bring your Builder or let Ames Design Build, Build your custom dream home on this spectacular 1.16-acre lot in the coveted Madrone Canyon community! As the highest elevation lot, it offers breathtaking horizon views and a private backyard, creating the perfect setting for luxury living. This exceptional property provides the ideal canvas to design a home that suits your lifestyle. If you can dream it, we can build it! Don’t miss this rare opportunity—contact us today for more details!
| |||
Property Highlights
Garage
Exterior Details
Waterfront Features: None
Other Structures: None
Lot Features: Back Yard, Bluff, Cul-De-Sac, Few Trees, Front Yard, Wooded, Views
Lot Size Area: 46265.08
Lot Size Units: Square Feet
Lot Size Acres: 1.0621
Lot Size Square Feet: 46265.08
Water Source: MUD
Financial Details
Tax Map Number: 8
Tax Assessed Value: $610,555
Utilities Details
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA/Condo/Coop Amenities: Picnic Area, Trail(s)
HOA Fee: $1,680
HOA Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
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Asking Price
Listed On
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Closing Price
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HOA + Taxes
About Travis
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Listed by: Rebecca Ames
Listed Office: Christies Intl Real Estate Lone Star - Listing courtesy of Unlock MLS
Phone: (512) 270-8586
Last Updated: 2026-05-23 04:25:11
Data Source: Unlock MLS, MLS# ACT9856760
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Christies Intl Real Estate Lone Star - Listing courtesy of Unlock MLS
Phone: (512) 270-8586
Last Updated: 2026-05-23 04:25:11
Data Source: Unlock MLS, MLS# ACT9856760
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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