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6805 Lantern View DR
About This Property
The main level features an open living, dining, and kitchen layout with hardwood floors, craftsman trim, wainscoting, and a floor-to-ceiling stone fireplace. The kitchen includes granite counters, wood cabinetry, stainless steel appliances, a pantry, and a bar-height counter open to both the dining and living rooms. The primary suite is on the main floor with a soaking tub, separate glass-enclosed shower, double vanity, and walk-in closet. A second main-floor bedroom sits adjacent to a full bath with tub, well suited to guests or multigenerational use.
Upstairs are two additional bedrooms, two full baths, the laundry room, and a 29-foot media room with a built-in wet bar, granite counters, and its own covered balcony overlooking the trees. The attached two-car garage measures roughly 23'6" x 24'7".
A covered deck spans the rear of the home with treetop views, and a covered front porch adds a second outdoor seating area. The 0.24-acre lot is flat and fully fenced with mature trees and a paved walking path. Because the sun sets over the front of the home, the backyard shades and cools by late afternoon, an advantage for evening entertaining on the deck.
The Hollows amenities include the Beach Club with pool, hot tub, and fitness center, Northshore Marina with deepwater boat slips, roughly 10 miles of hiking and biking trails, and volleyball, basketball, and pickleball courts. Zoned to Lago Vista ISD.
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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%.
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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.
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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 |
|---|---|---|---|
| Sep 10, 2026 | In contract | - | |
| In contract | |||
| Aug 18, 2026 | Listed by Keller Williams - Lake Travis | $575,000 | |
| Listed by Keller Williams - Lake Travis | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017