12821 Hacienda Rdg, Lakeway, TX 78738

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $760 per day and long-term for an average of $14,000 per month, based on similar listings in the area. Estimated short-term cap rate of -4.2%. Estimated long-term cap rate of -2.8%. This custom-built home sits back from the road at the end of a private, brick-paver drive. Oak trees and natural landscaping blanket the nearly-acre property; you’ll feel like you’ve entered a secluded oasis. Gracious proportions, beamed ceilings, and a two-story foyer with a floating staircase imbue architectural interest. Rich hardwoods, natural stone, and abundant glass adorn the 5,498 SF interior, creating a warm Hill Country aesthetic. The enormous chef’s kitchen overlooks the great room. It offers the perfect hub for entertaining with two islands, natural stone countertops, designer appliances, and a showpiece stone stove alcove. A wall of sliding glass doors connects the communal spaces to the beautiful backyard, leading to an outdoor living room that overlooks a swimming pool with a relaxing waterfall, a hot tub, and a fire pit. This home features 5 beds, 5 full baths, 1 half bath, a sunny home office, a second living area upstairs, a huge mud room, and many more surprises. The serene primary suite was designed with the custom finishes found throughout the home and has a spectacular spa bath. Live in the heart of Spanish Oaks, close to all the amenities you could ever want: one of the best private golf courses in the country, a resort-style community pool, private trails, and much more. Close to TX-71, Bee Caves, and the Hill Country Galleria, this convenient location is equally suited to commute to Downtown Austin (25 minutes) or enjoy Lake Travis (15 minutes).