Fantastic home in Austin's Hill Country Estates, offering the rare
combination of a private one-acre wooded lot, a functional
floorplan, and a peaceful Hill Country setting while remaining
convenient to city amenities. Surrounded by mature trees and
natural beauty, this property provides a sense of privacy and space
that is increasingly difficult to find. Inside, the open-concept
layout is filled with natural light and features a kitchen that
flows seamlessly into the living area, creating an inviting
environment for both everyday living and entertaining. The
thoughtfully designed floorplan offers excellent flexibility and
comfortable gathering spaces, while large windows bring the beauty
of the outdoors inside. Step outside to enjoy the expansive
backyard, where the wooded acre provides endless possibilities for
entertaining, BBQs, gardening, recreation, or simply relaxing and
enjoying the tranquil surroundings. Ready for your updates and
personal touches, this home presents an incredible opportunity to
create your dream retreat in one of the area's most desirable
settings. Families will appreciate access to highly regarded
schools, including Baldwin Elementary. With its combination of
privacy, natural beauty, generous lot size, and desirable location,
this Hill Country Estates property is a rare opportunity to enjoy
the best of Texas Hill Country living.
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.
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