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8515 Pine Muhly DR
About This Property
Discover a harmonious blend of style and comfort in this expansive 2,814 sq ft residence in LAKESIDE AT TESSERA, offering 5 bedrooms and 3.5 bathrooms across two stories. This beautiful home offers an open, inviting floor plan designed for effortless entertaining, complemented by sleek stainless-steel appliances, elegant countertops, and a cozy fireplace that creates the perfect ambiance. High ceilings and recessed lighting enhance the open floorplan, creating an inviting atmosphere for both everyday living and entertaining. Bedrooms provide serene retreats, some featuring vaulted ceilings, plush carpeting, and generous walk-in closets. The luxurious primary bath includes a spacious soaking tub, double vanity, separate shower, and elegant wood flooring with recessed lighting. A dedicated laundry space offers convenience with hookups and storage. This residence provides a perfect backdrop for a vibrant lifestyle. Residents enjoy more than a mile of private shoreline, scenic hiking and biking trails, a convenient boat launch, and a stunning infinity-edge pool overlooking the lake creating the perfect setting for relaxation and recreation. Just 30 minutes from Austin, this exceptional community offers premier lakefront living in one of Texas' most sought-after destinations.
Photos may not be of actual home but of same floor plan.
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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 |
|---|---|---|---|
| Sep 18, 2026 | Price Decreased |
$499,950
↓ $13K
(2.4%) | |
| Price Decreased | |||
| Sep 11, 2026 | Price Decreased |
$512,450
↓ $20K
(3.8%) | |
| Price Decreased | |||
| Jul 25, 2026 | Price Decreased |
$532,450
↓ $13K
(2.3%) | |
| Price Decreased | |||
| Jun 4, 2026 | Listed by Real Broker, LLC | $544,950 | |
| Listed by Real Broker, LLC | |||
| Nov 25, 2025 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017