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7115 Las Ventanas DR
About This Property
A welcoming courtyard leads to a graceful entry foyer, flowing seamlessly into the formal living room, kitchen, and breakfast area-all showcasing panoramic vistas. The stately formal dining room impresses with soaring vaulted ceilings and sophisticated recessed lighting.
The expansive kitchen features updated stainless appliances, including built-in oven, microwave, and gas range. An oversized island with secondary sink complements abundant cabinet and counter space, making entertaining effortless. The breakfast area offers lush tree views and connects to the spacious living area, where high ceilings and walls of windows blend indoor comfort with outdoor beauty through an accessible balcony.
The main level houses both the primary suite and a secondary bedroom with full bath. The primary suite provides a private balcony entrance and serene, light-filled atmosphere with verdant views, while sharing this level with the kitchen, dining, and living spaces.
Downstairs reveals a generous family room with access to the lower porch, complete with wet bar and versatile bonus space ideal for a home office or wellness retreat. An additional bedroom on this level offers private porch access, while a full bathroom serves family and guests.
Natural light floods every corner through strategically placed windows, creating a perfect harmony of design and comfort throughout this distinctive home.
The community amenities include a large swimming pool, clubhouse, and active HOA (additionally a low fire risk community!). Conveniently located near urban attractions while maintaining a secluded sanctuary feel, this remarkable property represents a rare opportunity in one of Austin's most coveted neighborhoods.
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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 |
|---|---|---|---|
| Aug 27, 2025 | In contract | - | |
| In contract | |||
| May 24, 2025 | Price Decreased |
$1,225,000
↓ $74K
(5.7%) | |
| Price Decreased | |||
| Apr 18, 2025 | Listed by Ashley Austin Homes | $1,299,000 | |
| Listed by Ashley Austin Homes | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017