6509 Madrone Tree LN
About This Property
Perched on a private cul-de-sac in Madrone Canyon, this exceptional single-story estate by Russell Eppright Custom Homes captures the very best of Lake Travis living with refined craftsmanship and seamless indoor-outdoor design. Set on a large, usable lot, and backing to greenbelt, the property enjoys miles-long hill country vistas with distant downtown Austin skyline views framed by lush greenery.
Designed with a "no stone left unturned" approach, this stunning home offers 3 bedrooms with en suite baths, 2 half baths and an oversized 3-car garage. In the main living area you'll find soaring ceilings in an open concept with a striking fireplace anchoring the great room, while wide plank engineered hardwoods and walls of glass create a welcoming, modern feel.
The chef's kitchen is built for both stress free entertaining and everyday living, featuring an oversized island, Wolf Sub Zero appliances, wine cooler, beverage cooler, dual sinks, and a generous walk-in pantry.
The primary suite is a true retreat, positioned for privacy, with serene views and a spa-inspired bath, complete with glass-enclosed shower, and an expansive walk-in closet designed by Inspiration Closets.
Outdoor living takes center stage with a huge, covered patio featuring a built-in fireplace, grill, and ice chest, perfect for year-round gatherings. The heated pool, fully fenced yard, and thoughtfully landscaped grounds create a private resort-style setting, all enhanced by a paver stone driveway and exceptional curb appeal.
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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 |
|---|---|---|---|
| Jun 3, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Apr 10, 2026 | Relisted | $2,395,000 | |
| Relisted | |||
| Feb 28, 2026 | In contract | - | |
| In contract | |||
| Feb 18, 2026 | Listed by Compass RE Texas, LLC | $2,395,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017