40
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712 Newport DR
About This Property
Inside, clean lines and natural light define a thoughtful, open layout built for connection. The living room invites conversation around the fireplace and flows seamlessly into a beautifully appointed kitchen, complete with granite counters, stainless appliances, and a large island that makes cooking - and gathering - effortless. The adjacent dining area is perfect for everything from weeknight meals to Saturday brunches with friends.
The main-floor primary suite is your private sanctuary, offering calm and comfort with a spacious layout, serene en-suite bath and large walk-in closet. A convenient powder room, laundry, and two-car garage round out the first level.
Upstairs, a flexible game room offers space to play, unwind, or create - flanked by two bright bedrooms and a full bath with a walk-in shower, ideal for guests or growing households.
Out back, your fenced yard and covered patio invite outdoor living - whether it's morning coffee, a breezy afternoon with the dog, or an al fresco dinner with neighbors.
Beyond the home, Briarcliff offers more than amenities - it offers a lifestyle: enjoy hiking trails right across the street, a community park, a 9-hole golf course, and a private marina on Lake Travis. Zoned to top-rated Lake Travis ISD and just a scenic drive from shops, restaurants, and Hill Country adventures, this is where modern living meets timeless Texas charm.
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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 |
|---|---|---|---|
| Nov 1, 2025 | In contract | - | |
| In contract | |||
| Oct 16, 2025 | Price Decreased |
$465,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Sep 24, 2025 | Price Decreased |
$470,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Aug 15, 2025 | Price Decreased |
$475,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Jul 25, 2025 | Price Decreased |
$479,500
↓ $6K
(1.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017