8208 Bellancia DR
About This Property
Discover an extraordinary opportunity to build your custom dream home on one of the largest lots available within the exclusive, gated enclave of Belvedere. Nestled at the edge of a serene greenbelt and framed by majestic trees, this wooded homesite offers a tranquil setting with sweeping views of the Texas Hill Country.
This expansive lot provides the perfect canvas to create a bespoke luxury residence tailored to your exact vision. With the freedom to bring your own builder, you'll enjoy the rare chance to personalize every detail to suit your lifestyle.
Residents of Belvedere enjoy world-class amenities, including a resort-style lazy river pool, an elegant amenity center with a full catering kitchen, stocked fishing ponds, basketball and pickleball court, and miles of scenic nature trails winding through an 80-acre private nature preserve.
Ideally located just minutes from upscale shopping and dining at the Hill Country Galleria, top-tier medical facilities, and within the highly acclaimed Lake Travis Independent School District, this is more than a homesite-it's the beginning of your legacy.
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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 |
|---|---|---|---|
| Nov 2, 2025 | Price Decreased |
$995,000
↓ $100K
(9.1%) | |
| Price Decreased | |||
| May 7, 2025 | Listed by Gottesman Residential R.E. | $1,095,000 | |
| Listed by Gottesman Residential R.E. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017