31
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TBD County Road 281 Lot 1
About This Property
A masterpiece of balance and light, this one-of-a-kind single-story home blends modern architecture with the warmth of Hill Country living. Expansive glass walls frame a stunning courtyard and cocktail pool, connecting the main home to a detached casita through a covered breezeway.
With 3,642 square feet of total living space-3,131sqft in the main home and 511sqft in the casita-this layout was designed for seamless indoor-outdoor living. The great room and kitchen feature vaulted tongue-and-groove ceilings, a sleek linear fireplace, and a bar perfect for entertaining. The primary suite opens directly to the pool courtyard and includes a spa-inspired bath with an outdoor shower. The detached casita provides a private retreat for guests, family, or creative work. Every detail, from the dual courtyards to the sloped ceilings and natural flow of light, makes this home feel alive crafted to inspire, welcome, and impress. Construction Price - $1,150,000. This neighborhood offers a charming and welcoming community for residents to call home. Situated in Williamson County, this neighborhood is a part of the thriving real estate market in the state of Texas. Leander, known for its small-town charm and close proximity to Austin, offers a perfect blend of suburban living and urban convenience. With a low crime rate and a strong sense of community, it's no wonder why this area is highly sought after by homebuyers. This is not a builder restricted lot.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 1, 2026 | No longer available | - | |
| No longer available | |||
| Sep 20, 2025 | Relisted | $260,000 | |
| Relisted | |||
| Jul 30, 2025 | In contract | - | |
| In contract | |||
| Jun 25, 2025 | Price Decreased |
$260,000
↓ $35K
(11.9%) | |
| Price Decreased | |||
| Nov 27, 2024 | Price Decreased |
$295,000
↓ $10K
(3.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017