40
Map
5903 Median RD
About This Property
This property is being sold as a turnkey short-term rental but would also be a phenomenal opportunity for anyone looking for a unique property near the lake with a super low interest rate! It is nestled i near Lake Travis. This exquisite property, reminiscent of a romantic Tuscan vineyard, offers unparalleled luxury and serene beauty. Sold fully furnished and ready for guests or immediate move in, Villa De Oaks promises an exceptional return on investment with a projected annual revenue of $103,000.
Secluded and secure, this gated property ensures privacy and peace for all visitors. Luxurious amenities, including a hot tub that seats 6-9, two fire pits with ample seating, and a meditation yurt with a daybed and seating for 8-10. The home is adorned with over 40 unique paintings and sculptures by local artists, adding a distinct charm to every corner. Entertainment options are plentiful with a game room featuring a reclining couch, Smart TV, and both PS and Xbox gaming consoles, complemented by a Baby Grand Piano, bongos, and a tambourine.
The home currently offers three large bedrooms, two full bathrooms, and a convenient powder room. Though there is huge opportunity to increase the income on the property by finishing out the garage and the casita PLUS there is space for a pool.
Villa De Oaks is conveniently located just minutes from Lake Travis. On-site parking includes space for jet skis or a boat, enhancing its appeal to vacationers. There is also ample parking if you were to use the home for weddings and events.
Take advantage of this rare opportunity to own a piece of prime real estate with so much charm while securing an incredible investment. Inquire for more information! You have to see this property in person... It is stunning! With recommended improvements the property could generate 180k+ in annual revenue!
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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 |
|---|---|---|---|
| Nov 6, 2024 | Price Decreased |
$1,050,000
↓ $50K
(4.6%) | |
| Price Decreased | |||
| May 16, 2024 | Listed by MODUS Real Estate | $1,100,000 | |
| Listed by MODUS Real Estate | |||
| Mar 28, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Feb 8, 2024 | Listed by Compass RE Texas, LLC | $1,095,000 | |
| Listed by Compass RE Texas, LLC | |||
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Experience the enchantment of Villa de Oaks, a Spanish-inspired hacienda nestled in the heart of Hudson Bend, Lakeway. Crafted with passion by a renowned local architect/artist, this estate epitomizes the essence of Austin living, offering an idyllic retreat for travelers and a lucrative Airbnb opportunity for investors.
Situated on just under an acre of lush, forested land adorned with majestic live oak trees, Villa de Oaks provides a haven of privacy and serenity. Explore winding pathways, tranquil nooks, and ambient lighting that imbues the night with magic. The centerpiece, a bespoke semi-permanent yurt, beckons guests into an extraordinary living space, complemented by outdoor amenities including a kitchenette/bar, rejuvenating spa, fire-pits, and a tranquil koi pond, all against a backdrop ripe for a custom pool installation.
Recently transformed into a turnkey Airbnb rental, Villa de Oaks boasts revenue that exceeds its monthly mortgage, making it a savvy investment. The sale includes dedicated listing, property manager, and elegant furnishings, ensuring a seamless transition for the new owner. Indoors, soaring ceilings and expansive windows blur the line between inside and out, while the open floor plan, grand dining room, and versatile bonus rooms offer ample space for gatherings and relaxation.
Notable features include an oversized garage with an electric car charging outlet (Tesla) and a premium hot tub. With no HOA fees, lower tax rates, and minimal deed restrictions, Villa de Oaks stands as a prime investment property. Residents enjoy access to the prestigious Lake Travis ISD and proximity to marinas, enhancing the experience of adventure and leisure. Plus, a tiny home and casita in the back offer additional space for guests or a separate office.
Villa de Oaks isn't just a property; it's a fully operational business venture and a tranquil retreat, enveloped in the vibrant spirit of Austin. Explore the magic and potential of this unique gem today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017