999 Enchanted Oaks DR
About This Property
Inside, timeless design meets everyday comfort. Soaring ceilings, wide-plank white oak flooring, custom millwork, statement lighting, and a curated palette of premium finishes create interiors that feel both sophisticated and welcoming. The open-concept living spaces are anchored by a beautifully appointed kitchen featuring Taj Mahal quartzite countertops, a hidden wraparound pantry, a well-equipped wet bar, and expansive windows that frame the surrounding landscape.
The main-level primary suite is a true retreat, complete with a sitting area, fireplace, peaceful views, and a fully renovated spa-inspired bath featuring a soaking tub, oversized rain shower, and dual custom walk-in closets. A connected flex room offers endless versatility as a nursery, office, fitness studio, or additional bedroom. An additional ensuite bedroom on the main level provides ideal accommodations for guests or multigenerational living, while a dedicated office and spacious upstairs game room with covered balcony add to the home's thoughtful layout.
Outdoors, the property continues to impress with a workshop, barn-style structure, RV-ready concrete pad with power and plumbing, irrigated grounds, mature trees, and a well house. Beautifully usable and exceptionally private, the acreage offers endless possibilities for recreation, expansion, or simply enjoying the beauty of the Texas Hill Country.
Huge Bonus: Just minutes from the new Driftwood Springs High School and Cypress Springs Elementary.
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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 2, 2026 | Price Decreased |
$1,799,000
↓ $100K
(5.3%) | |
| Price Decreased | |||
| Jun 27, 2026 | Price Decreased |
$1,899,000
↓ $51K
(2.6%) | |
| Price Decreased | |||
| May 19, 2026 | Price Decreased |
$1,950,000
↓ $50K
(2.5%) | |
| Price Decreased | |||
| Apr 16, 2026 | Listed by Compass RE Texas, LLC | $1,999,999 | |
| Listed by Compass RE Texas, LLC | |||
| Apr 13, 2026 | Delisted | - | |
| Delisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017