8203 Longview RD
About This Property
Discover a truly exceptional opportunity in the heart of Austin! Situated on 2.7 expansive acres, this unique property offers the perfect canvas to create your custom dream home.
The land features mature, beautiful trees that provide both privacy and a stunning natural setting-ideal for designing a private retreat with a pool, outdoor living spaces, and more. An existing home sits on the property and can be renovated or torn down, giving you full flexibility to build exactly what you envision.
Property Highlights:
2.7 acres of usable land in Austin
No HOA – enjoy true freedom and flexibility
Minimal restrictions – ideal for custom builds
Existing structure onsite (tear down or remodel)
Plenty of space for a luxury home, pool, guest house, or workshop
Serene, tree-filled setting with endless design potential
Whether you're looking to build a modern estate, a hill country retreat, or a one-of-a-kind custom home, this property offers unlimited possibilities in one of Texas' most desirable locations.
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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 |
|---|---|---|---|
| Sep 30, 2026 | Relisted | $1,300,000 | |
| Relisted | |||
| Sep 23, 2026 | In contract | - | |
| In contract | |||
| Sep 17, 2026 | Price Decreased |
$1,300,000
↓ $190K
(12.8%) | |
| Price Decreased | |||
| Aug 22, 2026 | Relisted | $1,490,000 | |
| Relisted | |||
| Aug 22, 2026 | Price Decreased |
$1,490,000
↓ $385K
(20.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017