$499,000
●
Land -
For Sale
5808 Twin Peaks TRCE
Austin, TX 78738
Studio
0 Bath
$2,451
Est. Monthly
About This Property
Discover the perfect canvas to build your dream luxury home at 5808
Twin Peaks Trace, nestled in the highly sought-after Madrone Canyon
community within the prestigious Lake Travis ISD. This expansive
lot offers a unique opportunity to embrace the serene beauty of the
Texas Hill Country while enjoying convenient access to modern
amenities. Located just minutes from the Hill Country Galleria,
fine dining, shopping, and outdoor activities, this property
combines the tranquility of nature with the ease of city living.
Design and build a home that reflects your vision and lifestyle in
one of the most coveted areas of Central Texas. Don't miss out on
this exceptional opportunity to create your own private oasis in
Madrone Canyon. ** PLEASE NOTE ** Builder is restricted to Sendero
Homes. Buyer to verify all information.
Unit Size
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Days on Market
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Land Size
0.78 acres
Price per sqft
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Property Type
Land
Property Taxes
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HOA Dues
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Year Built
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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: 2 years ago (Unlock MLS #ACT3711490)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 19, 2023 | Listed by Moreland Properties | $499,000 | |
| Listed by Moreland Properties | |||
Property Highlights
Interior Details
Interior Features: High Speed Internet
Exterior Details
Property Condition: See Remarks
Waterfront Features: None
Other Structures: None
Lot Features: Greenbelt, Cleared, Gentle Sloping, Many Trees, Wooded, Public Maintained Road
Lot Size Area: 33898.39
Lot Size Units: Square Feet
Lot Size Acres: 0.7782
Lot Size Square Feet: 33898.39
Water Source: MUD
Financial Details
Tax Map Number: 13
Tax Assessed Value: $505,830
Utilities Details
Sewer : MUD
Location Details
HOA/Condo/Coop Amenities: Barbecue, Picnic Area, Trail(s)
Comparables
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About Travis
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Listed by: Katherine Wright
Listed Office: Moreland Properties - Listing courtesy of Unlock MLS
Phone: (512) 480-0848
Last Updated: 2025-08-23 04:30:17
Data Source: Unlock MLS, MLS# ACT3711490
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Moreland Properties - Listing courtesy of Unlock MLS
Phone: (512) 480-0848
Last Updated: 2025-08-23 04:30:17
Data Source: Unlock MLS, MLS# ACT3711490
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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