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5706 Highland Hills CIR
About This Property
Redesigned with contemporary style and high-end materials, the 2,491 sq ft single-story residence features 3 bedrooms, 2.5 baths, and a private-entry office-ideal for remote work or flexible guest use. Every detail addressed: Level 5 wall finishes to led lighting and a refined mix of hardwood, tile, and Shaw Berber carpet. The chef's kitchen includes: quartz countertops; waterfall island; new top-of-the-line Fisher & Paykel 48" gas range; dishwasher and built-in refrigerator. The laundry room includes Bosch stackable washer & dryer. A marble surrounded fireplace in the light filled open living room, sliding glass doors open to a private back patio, fenced yard and front yard with 4 Heritage Oak trees.
The primary suite has sliding glass doors to a private outdoor patio and made complete with a spa-like bath and large his/her walk-in closet.
Additional highlights include:
Private 3 sided carport with tongue-and-groove ceiling
Xeriscaped Agave Garden wall with lighting
Electric vehicle outlet
Located just 10–15 minutes from downtown Austin and Lake Austin, this is more than a renovation-it's a fully reimagined, essentially new home that blends mid-century vibe with modern ease in one of Austin's most beloved neighborhoods, with Highland Park Elementary, a the Blue Ribbon.
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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 |
|---|---|---|---|
| Jan 23, 2026 | In contract | - | |
| In contract | |||
| Jan 20, 2026 | Listed by Christie's Int'l Real Estate | $1,185,000 | |
| Listed by Christie's Int'l Real Estate | |||
| Oct 20, 2025 | Delisted | - | |
| Delisted | |||
| Oct 16, 2025 | In contract | - | |
| In contract | |||
| Oct 7, 2025 | Price Decreased |
$1,199,500
↓ $31K
(2.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017