Residents enjoy access to some of the area's top schools, including
River Place Elementary and Vandegrift High School. Nearby amenities
include Sun Tree Park, River Place Country Club, and miles of
scenic greenbelt trails. The community is also just minutes from
Broadcom's Austin campus, along with a wealth of other major tech
employers in the Four Points area. Residents have access to a
private marina for swimming, boating, waterskiing, and other
activities on the lake. At the River Place Country Club, residents
can play golf or tennis, enjoy the fitness center, massage
facility, swimming pool, and dining room. River Place Country Club
1.4 mi, River Place Nature Trail 2.3 mi, Bull Creek District Park
3.6, Quarry Lake 6.3 mi, Sun Tree Park 1.2 mi
Scheduled for completion in December 2026, the Berkley G floor plan
offers 4,644 square feet with 5 bedrooms, 6 full baths, 1 half
bath, a dedicated office or flex space, multiple living and
entertaining areas, resort style pool and spa, and a 3 car garage.
Thoughtfully designed for both everyday living and large
gatherings, the home showcases modern architecture, luxurious wood
flooring, built in Sub Zero refrigeration, a professional grade gas
range, expansive cabinetry, and a chef inspired kitchen that
anchors the open concept design. Lots of windows offer
breathtaking views while filling the home with natural light.
The elevated homesite and absence of rear neighbors create a
private retreat with exceptional outdoor living spaces designed to
capture Hill Country sunsets, city lights, and preserve views.
River Place residents enjoy convenient access to Lake Travis, River
Place Country Club, miles of hiking and nature trails, boating and
waterfront recreation, and some of Austin's most desirable shopping
and dining destinations. Major employers, The Domain, Four Points,
Cedar Park, and Downtown Austin are all within easy reach, offering
the perfect balance of luxury, recreation, and everyday
convenience.
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.
Interior Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Double Vanity, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Smart Thermostat, Storage, Walk-In Closet(s), Ceiling-High, Ceiling-Vaulted, Quartz Counters, Interior Steps, Multiple Dining Areas, Multiple Living Areas, Primary Bedroom on Main, Study/Home Office
Appliances: Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Gas Cooktop, Microwave, Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan, Water Heater, Tankless Water Heater, RNGHD
Flooring Type: Tile, Wood
Has Fireplace
Fireplace Features: Family Room
Fireplaces: 1
Exterior Details
Square Footage: 4644
Square Footage Source: $0
Green Sustainability
Security Features: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
Property Condition: Under Construction
Year Built Source: Builder
Year Built: 2026
Waterfront Features: None
Builder Name: Milestone Community Builders
Levels: Two
Other Structures: None
Window Features: Display Window(s), Double Pane Windows, Screens, Vinyl Windows
Construction Materials: Concrete, Frame, Glass, ICAT Recessed Lighting, Spray Foam Insulation, Radiant Barrier, Stone, Stucco, Masonry – All Sides
Patio and Porch Features: Covered, Patio
Pool Features: In Ground, Pool/Spa Combo
Pool is Private
Lot Features: Greenbelt, Back Yard, Few Trees, Front Yard, Landscaped, Views, Sprinkler - Automatic
Lot Size Area: 17424
Lot Size Units: Square Feet
Lot Size Acres: 0.4
Lot Size Square Feet: 17424
Water Source: Public
Financial Details
Tax Map Number: 26
Tax Assessed Value: $161,677
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, ENERGY STAR Qualified Equipment, Exhaust Fan
Heating Type: Central, ENERGY STAR Qualified Equipment, Heat Pump, Natural Gas
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