597 Pear Tree LN
About This Property
Step into luxury living with this 2023 built masterpiece "The Larimar Floorplan" by Taylor Morrison. Located in the stunning Hill Country neighborhood of Parten in South Austin, this North-East facing gem offers the best of both worlds: breathtaking natural beauty and top-rated education within the coveted Dripping Springs ISD.
Prepare to be amazed as you enter a grand foyer with soaring ceilings that lead you to an elegant formal dining room and a spectacular family room. Imagine unwinding by the floor-to-ceiling tiled fireplace or sliding open the impressive 15-foot doors that extend your living space to a spectacular patio-perfect for savoring those magical sunset views against a serene greenbelt backdrop.
Feast your eyes on the extraordinary gourmet kitchen, where style meets function. With sleek cabinets, premium stainless steel appliances, a butler's pantry, double pantry, broom closet, and a vast island illuminated by exquisite gold pendants, this kitchen is a showstopper.
The ground floor also features a private secondary bedroom with an en-suite bathroom and a sumptuous owner's suite that turns dreams into reality. Relax in the lavish owner's bath and enjoy the convenience of a deep walk-in closet that connects to a fully-equipped laundry area, complete with cabinets, a sink, and folding countertop. A stylish powder room (half-bath) enhances convenience for residents and guests alike.
Ascend the gracefully curved staircase to discover an upstairs realm that promises to wow. Three generously-sized bedrooms with walk-in closets, three full bathrooms, a state-of-the-art media room, and an awe-inspiring game room await you.
This is more than a home; it's an experience. Don't miss out on this exceptional 5-bedroom, 4.5-bathroom residence with over $200,000 in upgrades. Make "The Larimar" your forever home and indulge in unparalleled beauty and luxury. Seize this opportunity now!
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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 |
|---|---|---|---|
| Mar 1, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Feb 13, 2025 | Listed by FULL CIRCLE RE | $1,150,000 | |
| Listed by FULL CIRCLE RE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017