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33868077
33868092

10614 Deer Canyon Road, Jonestown, TX 78645

MT
TX TX 0588152
Keller Williams Realty Lone Star
Listed by Keller Williams Realty Lone Star
$2,300,000
7 days on market
Updated 7 days ago

10614 Deer Canyon Road

Details
Property Type Multifamily, Land
Sub Type Single Family Rental Portfolio, Residential
Square Footage 6,531
Units 6
Cap Rate 3.00%
NOI $9,400
Tenancy Multi
Class A
Acreage 17.520
Zoning None
Investment Type Value Add

Income-Producing Hill Country VIEW Opportunity

Marketing description

Perched high above the Lake Travis area, this rare 17.5-acre Hill Country property combines panoramic views, existing income production, and future development potential in one unique offering. From the elevated ridge tops, enjoy sweeping lake and Hill Country views that stretch for miles — creating an ideal setting for a luxury estate, family compound, boutique development, or long-term investment hold.

The property currently includes six well-maintained rental units generating approximately $9,400 per month in gross income, providing immediate cash flow while future plans are explored. Infrastructure is already in place with six water meters, three septic systems, established access, and multiple potential build sites throughout the property.

Located within the ETJ and outside of the floodplain, the combination of flexibility, elevation, views, and existing improvements creates a truly hard-to-find opportunity in the rapidly growing Lake Travis corridor. Additional neighboring acreage may also be available for expanded assemblage potential.

Whether you are seeking a private Hill Country retreat, income-producing investment, or future development opportunity, this property offers exceptional versatility in one of Central Texas’ most desirable areas.

Investment highlights

  • 17.5 acres
  • income in place
  • ETJ flexibility
  • infrastructure already installed
  • panoramic views
  • elevation
  • multiple build sites
  • development potential
  • assemblage upside
  • Lake Travis location

Listing Contacts

MT
TX TX 0588152
Keller Williams Realty Lone Star
Listed by Keller Williams Realty Lone Star

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$9,400.00
$783.33/mo

Valuation Metrics

0
DSCR
0.41%
Cap Rate
0.41%
ROI

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Additional Information

Name
Megan Turnipseed
License
TX 0588152
Brokerage
Turnipseed Real Estate KW Lone Star- Next Move Central TX
Title
Broker Associate, ALC
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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