7 Tall Oaks TRL
About This Property
Tucked away in the hidden gem of Heritage Oaks, this property blends privacy, charm, and convenience. Just seven miles from Dripping Springs and twenty minutes from downtown Austin, it boasts a coveted Austin address while sitting in Hays County and zoned for the highly acclaimed Dripping Springs ISD. With a low tax rate and voluntary HOA, the perks just keep coming.
Nestled on over two acres and shaded by more than 50 majestic Heritage Oak trees, the home is bordered by the tranquil Long Branch Creek. Whether you're entertaining on the expansive decks, lounging by the pool, or gathering around the fire pit under a starlit sky, every inch of this home invites connection with nature. A detached workshop/studio offers space for creative pursuits, and the oversized carport is perfect for housing an RV, boat, or a growing car collection.
Inside, you'll find soaring ceilings and a seamless blend of traditional warmth and contemporary style. The primary suite is a true sanctuary with vaulted, beamed ceilings, breathtaking views, and double French doors opening to the back deck-an idyllic spot for morning coffee or a quiet sunset.
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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 |
|---|---|---|---|
| Oct 2, 2025 | No longer available | - | |
| No longer available | |||
| Sep 19, 2025 | In contract | - | |
| In contract | |||
| Aug 14, 2025 | Relisted | $899,950 | |
| Relisted | |||
| Aug 8, 2025 | In contract | - | |
| In contract | |||
| Jul 9, 2025 | Price Decreased |
$899,950
↓ $50K
(5.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017