$950,000
●
House -
Off Market
606 LAKEWAY DR
Lakeway, TX 78734
4 Beds
3 Baths,
1
Half Bath
2,911 Ft²
$5,528
Est. Monthly
3.45%
Cap Rate
About This Property
Single story home in Lakeway wrapped around the Live Oak Golf
Course, with a short walk on the trail to the Clubhouse. The
property sits on over half an acre and overlooks the course in both
the front and back. The backyard is fully fenced with a covered
patio and has room for a future play area or pool. The inside of
the home has everything homeowners need, including
multi-generational living, with 4 bedrooms plus an office and
separate study nook. The 3 secondary bedrooms are located in their
own wing on the opposite side of the home from the primary bedroom.
A bonus room, with built-in study nook, connects the spacious
secondary bedrooms. Additional features include wood burning
fireplace in the living room, separate dining room and breakfast
area, updated appliances, fresh interior paint, and separate
laundry room with a sink near the 3 car garage. Amenities include
NO HOA fees, low tax rate, Lake Travis ISD Schools, access to the
Lakeway Swim Center, nearby Dragon Park, Hamilton Greenbelt,
Lakeway City Park and Lake Travis.
Unit Size
2,911 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$326
Property Type
House
Property Taxes
$863
HOA Dues
-
Year Built
2004
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Cap Rate Calculator
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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: 3 years ago (Unlock MLS #ACT7458596)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2024 | In contract | - | |
| In contract | |||
| Sep 12, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by CENTURY 21 Integra | $950,000 | |
| Listed by CENTURY 21 Integra | |||
| Feb 23, 2019 | No longer available | - | |
| No longer available | |||
| Nov 4, 2018 | Price Decreased |
$599,900
↓ $15K
(2.5%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lakeway
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Listed by: Rebekah Lewis
Listed Office: CENTURY 21 Integra - Listing courtesy of Unlock MLS
Phone: (800) 844-7653
Last Updated: 2024-10-05 06:13:53
Data Source: Unlock MLS, MLS# ACT7458596
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: CENTURY 21 Integra - Listing courtesy of Unlock MLS
Phone: (800) 844-7653
Last Updated: 2024-10-05 06:13:53
Data Source: Unlock MLS, MLS# ACT7458596
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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