812 Kenspur LN
About This Property
The great room is superlative in every way. 12-foot ceilings, hardwood floors, a gas-fired wood-burning fireplace, and ready access to the patio and pool. In the kitchen: marble counters, KitchenAid appliances, a 10-foot island with seating for four, a breakfast nook, a walk-in pantry, and a butler's bar with wine cooler. Also great is the formal dining room which has a coffered ceiling and a niche for your bar cart.
The master bedroom is large and tranquil, with abundant natural light and a dropped ceiling. The master bath is equally soothing, with a jetted tub and multi-headed shower. The walk-in closet is a paradigm of organization and storage. Yet another example of how well this house works.
Situated on a flat corner lot, 812 Kenspur makes use of broad swaths of lawn to hold its neighbors at bay. In the backyard, tall, dense Wax Myrtle hedges offer additional privacy. The oversized 3-car garage can easily warehouse surplus gear, seasonal items, and those things you can't seem to let go of. And should you like to hike, the Bee Cave Primitive Trails are two blocks away. The community of Serene Hills is located in the acclaimed Lake Travis Independent School District. It is 25 minutes to downtown Austin, 35 minutes to the airport, and a short drive to 6 public and 9 private golf courses. Paddleboarding, kayaking, wakeboarding and waterskiing are as close as Lake Travis, itself only 15 minutes away.
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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 |
|---|---|---|---|
| May 22, 2025 | In contract | - | |
| In contract | |||
| Mar 15, 2025 | Price Decreased |
$1,545,000
↓ $50K
(3.1%) | |
| Price Decreased | |||
| Jan 24, 2025 | Listed by Compass RE Texas, LLC | $1,595,000 | |
| Listed by Compass RE Texas, LLC | |||
| Jul 1, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Apr 18, 2024 | Price Decreased |
$1,624,999
↓ $25K
(1.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017