One-Story Greenbelt Retreat. This single-family home in the Hollows
offers a rare one-story layout with four bedrooms and
three-and-a-half bathrooms, providing a quiet lakeside lifestyle
near the North Lake Travis shoreline. Tucked away on a peaceful
street, this property leverages the neighborhood's natural terrain
to offer both privacy and the sweeping views that define The
Hollows. Upon entering the home, you see the floor plan is designed
for privacy. To the left, a hallway leads to three secondary
bedrooms and two full bathrooms, anchored by a bright bonus room
that works well as a dedicated play area or a secondary media
space. Moving toward the back of the home, the entryway opens into
a grand open-concept living room where a limestone fireplace serves
as the focal point. Large windows across the back of the kitchen
and dining area look directly onto the lush greenbelt, giving a
feeling like you are in a treehouse. The open layout means the
kitchen stays part of the action; whether you're making a quick
snack or hosting a full spread, you're always connected to the
conversation in the living room. The primary suite is positioned
off the main living area for maximum separation from the other
bedrooms. It features expansive windows facing the trees, an
ensuite bathroom with a deep soaking tub, a walk-in shower, and a
large closet. Outside, the massive back patio acts as a second
living area, overlooking the greenbelt and a large yard that offers
plenty of room for pets or gardening. Beyond the home, The Hollows
provides a resort-style experience with amenities that are
unmatched on the North Shore. The Beach Club features an
infinity-edge pool, a fitness center, and the Wild Hare Bar & Grill
for seasonal poolside dining. For those who prefer the water, the
neighborhood offers private kayak clubs with lakeside storage and
access to the deep-water NorthShore Marina.
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.
Last updated: 2 months ago (Unlock MLS #ACT8245562)
Price History
Date / Event
Date
Event
Price
Jul 16, 2026
Price Decreased
$699,000
↓ $21K
(2.9%)
Price Decreased
Apr 29, 2026
Price Decreased
$720,000
↓ $29K
(3.9%)
Price Decreased
Mar 27, 2026
Listed by Keller Williams Realty
$749,000
Listed by Keller Williams Realty
Jul 29, 2025
Withdrawn
-
Withdrawn
Apr 15, 2025
Price Decreased
$740,000
↓ $45K
(5.7%)
Price Decreased
Mar 19, 2025
Price Decreased
$785,000
↓ $20K
(2.5%)
Price Decreased
Feb 26, 2025
Listed by Keller Williams - Lake Travis
$805,000
Listed by Keller Williams - Lake Travis
Welcome to 6705 Destination Way, a masterfully crafted 4-bedroom, 3.5-bathroom house nestled on a generous .305-acre lot. This exquisite 1-story abode harmoniously combines luxury with tranquility as it backs to the greenbelt backdrop. From the moment you arrive, you'll be captivated by the impeccable curb appeal, boasting elegant stucco and masonry finishes complemented by meticulously maintained garden beds. The convenience of a spacious two-car garage is further enhanced by an additional single car garage with a 30 AMP EV plug . Step through the front door and be greeted by a warm and inviting foyer, leading you through an expansive open floor plan adorned with tile flooring. The living room has a gorgeous fireplace and an abundance of natural light. The gourmet kitchen features a grand center island, high-end stainless steel appliances, a gas cooktop, and an ample walk-in pantry with an integrated dry bar. Entertainment flows seamlessly with an additional living space, ideal for a media room, and a dedicated home office for work or study. The primary suite, positioned away from the other bedrooms, offers a spa-inspired full bath with a soaking tub, step-in shower, dual vanity, and an expansive walk-in closet. Outside, a covered patio provides the perfect stage for relaxation or watching sunsets, while the spacious yard awaits the kids playtime or pets. Residents of The Hollows community indulge in resort-style amenities: a beach club, pickleball courts, three swimming pools, golf cart trails, and access to the Northshore Marina with boat launch and boat slips. Don't miss the opportunity to experience the lifestyle you deserve. Schedule your personal tour of 6705 Destination Way today and start living your dream!
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