8608 Rollins DR
About This Property
The gently sloping terrain offers an easy, flexible build site framed by mature oak trees and peaceful greenbelt views. Position your future home further back on the lot to create a private estate presence, tucked away from street view. Add a privacy wall and gated entry to design your own secluded enclave. With no builder restrictions and no required timeline to build, you have the rare freedom to plan thoughtfully, build boldly, and execute on your schedule. The location is equally compelling. Save 6+ minutes entering and exiting the neighborhood thanks to its convenient positioning.
At $499K, this price point creates remarkable flexibility - whether you envision a modern showpiece, a timeless Hill Country estate, or a transitional retreat with expansive outdoor living.
Belvedere is a hidden gem - a gated, amenity-rich community blending natural beauty with suburban convenience. Residents enjoy miles of scenic hike and bike trails, panoramic Hill Country views, a community pool and amenity center, and the peaceful charm of wide-open green space.
Just 10 minutes to the vibrant shops and restaurants of the Galleria, 20 minutes to Lake Travis, and approximately 35 minutes to downtown Austin and the airport. Nearby hiking trails, natural swimming spots, and year-round outdoor recreation embody the very best of the Austin lifestyle. Opportunities to build your dream home in Belvedere at this value are increasingly rare. The land is ready. The vision is yours. Contact the listing agent for your private showing today.
*Estate has been rendered to help envision the possibilities.
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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 |
|---|---|---|---|
| Apr 20, 2026 | In contract | - | |
| In contract | |||
| Feb 17, 2026 | Listed by Kuper Sotheby's Int'l Realty | $499,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017