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8203 N Madrone TRL N
About This Property
Located within a community known for large acreage homesites, equestrian properties, and luxury estates, the neighborhood offers a level of space and seclusion rarely found this close to the city.
What truly sets this property apart is the land and setting. During periods of strong rainfall, the property transforms with a stunning seasonal natural swimming area featuring crystal-clear water, stone retaining walls, and a peaceful creekside atmosphere reminiscent of a private Texas swimming hole retreat. Surrounded by mature trees and nature, the setting is incredibly rare and unforgettable.
The acreage offers endless flexibility for horses, additional structures, workshops, guest quarters, recreational use, or a private family compound. With usable land, privacy, and room to expand, opportunities like this are nearly impossible to replicate in Southwest Austin.
The home features multiple living spaces, recent interior paint and flooring updates, and a flexible layout suited for a variety of lifestyles. A converted garage space with mini-split system provides additional space for a home office, gym, studio, game room, or guest overflow.
This is not a cookie-cutter property - it's for the buyer seeking space, privacy, nature, and long-term potential. Whether you're looking for a private homestead, horse property, weekend escape, or investment opportunity, this property delivers a truly unique piece of Texas Hill Country living.
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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 29, 2026 | In contract | - | |
| In contract | |||
| May 20, 2026 | Listed by Compass RE Texas, LLC | $920,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017