900 Lipan TRL
About This Property
The thoughtfully designed floor plan includes 4 bedrooms, 3.5 bathrooms, and a dedicated study, with soaring 10–18 ft ceilings, large windows, and an open-concept layout. Recent updates include white oak–look LVP flooring, modern ceiling fans, updated lighting, and fresh paint throughout.
The chef's kitchen features quartz counters, custom cabinetry, and stainless appliances, including a Samsung induction cooktop and convection oven, LG dishwasher, and KitchenAid refrigerator. A walk-in pantry and oversized island make it perfect for entertaining.
The private primary suite offers tray ceilings, tall windows, a large walk-in closet, and a spa-like bath with soaking tub, walk-in shower, and dual vanity. A guest suite with private bath and two additional bedrooms with a shared bath provide flexible space for family or visitors.
Enjoy the spacious covered patio and beautifully landscaped backyard, fully fenced and surrounded by a wooded perimeter for incredible privacy. Native plants, fruit trees (olive and loquat), and full sprinklers complete the outdoor space.
Includes deeded Lake Austin access with private park and boat ramp. Walkable to Civil Goat Coffee and Patrizi's, with Commons Ford Ranch, two HEBs, and downtown Austin just minutes away. Professionally inspected-full report available in documents.
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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 30, 2025 | In contract | - | |
| In contract | |||
| Apr 24, 2025 | Listed by Bramlett Partners | $999,900 | |
| Listed by Bramlett Partners | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017