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Map
5908 Lakeside TRL
About This Property
Now Offered at $998,000 - A $102,000 Price Improvement
Step into a realm where modern sophistication meets tranquil lakeside living. This newly constructed 3-bedroom, 3.5-bathroom residence spans 2,039 square feet of meticulously designed space, set on a serene 0.25-acre lot within the prestigious Lakeland Hills Lakeside community.
Key Features:
- The open-concept layout features floor-to-ceiling windows that fill the space with natural light and showcase stunning treetop views.
- The kitchen is a chef's dream, with stainless steel appliances, granite countertops, and a large island.
- The primary suite offers a spa-like ensuite and a private balcony, creating a serene retreat.
- Enjoy outdoor living with a beautifully landscaped yard and a spacious deck, perfect for entertaining or relaxing.
Exclusive Amenities:
- Direct Marina Access: As part of the gated section of the community, enjoy privileged access to the private marina on Lake Travis, ideal for boating and water activities.
- Benefit from amenities such as a boat ramp, fishing areas, and picnic spots, enhancing your lakeside lifestyle.
Prime Location:
- Situated just minutes from top-rated schools in the Lake Travis ISD, as well as fine dining, shopping, and outdoor recreation.
- Experience the perfect balance of peaceful living with the vibrancy of Austin's city life within easy reach.
Investment Opportunity:
With a $102K price reduction, this is a rare chance to own luxury lakeside property at a great value-perfect as a full-time home or weekend getaway.
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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 |
|---|---|---|---|
| Aug 29, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jul 18, 2025 | Price Decreased |
$950,000
↓ $43K
(4.3%) | |
| Price Decreased | |||
| Jun 26, 2025 | Price Decreased |
$993,000
↓ $5K
(0.5%) | |
| Price Decreased | |||
| May 30, 2025 | Price Decreased |
$998,000
↓ $102K
(9.3%) | |
| Price Decreased | |||
| May 6, 2025 | Price Decreased |
$1,100,000
↓ $50K
(4.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017