OPEN SATURDAY, OCT. 24 FROM 1 PM TO 3 PM. New roof (July 2026)!
Nestled on a spacious 0.6 acre lot backing to a peaceful greenbelt,
this beautifully appointed 1-story Russell Eppright-built home
offers sophisticated living with modern style and exceptional
functionality. The open-concept floor plan features high-end
finishes throughout, including granite countertops, wood flooring,
custom cabinetry, and striking box-beam ceilings. The flexible 4
bedroom layout includes an ideal guest suite with a private bath,
as well as a dedicated office with a closet that can easily
accommodate additional guests or serve as a flex space. The gourmet
kitchen flows seamlessly into the living and dining spaces, while a
stylish butler's bar adds an elegant touch for entertaining. A huge
utility room provides an abundance of storage and counter space,
plus a convenient sink. The spacious 3-car garage with EV charger
offers ample room for vehicles, storage, and recreational gear.
Step outside to enjoy the covered back patio overlooking the
expansive greenbelt lot, an inviting setting for relaxing or
entertaining. Just a short walk to Lake Austin, residents enjoy
private community access to a day dock and boat ramp, making it
easy to embrace the lake lifestyle. Conveniently located
approximately 25 minutes from downtown Austin, this exceptional
home combines luxury, privacy, and effortless access to the water.
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.
Appliances: Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, Electric Oven, Double Oven, Water Heater, Water Softener Owned, Built-In Oven(s)
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