1006 Terrace DR
About This Property
The home features three spacious bedrooms and two well-appointed bathrooms, providing ample space for relaxation and privacy. The open-concept living area is ideal for both entertaining and everyday living, with plenty of natural light enhancing the welcoming ambiance.
The kitchen is designed for both functionality and style, offering plenty of counter space and storage options. Adjacent to the kitchen, you'll find a convenient laundry room equipped with washer and dryer hookups, making household chores a breeze.
Tile floors in the bathrooms add a touch of elegance and practicality, ensuring easy maintenance. Each room in the house is designed to maximize space and comfort, making it easy to envision your personal touches and decor.
Situated in a desirable Leander location, this home offers a wonderful opportunity to enjoy the best of suburban living. Whether you're hosting gatherings or enjoying quiet evenings at home, 1006 Terrace Dr is ready to welcome you. Don't miss the chance to make this delightful property your own!
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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 |
|---|---|---|---|
| Mar 9, 2025 | Price Decreased |
$314,000
↓ $11K
(3.4%) | |
| Price Decreased | |||
| Jan 13, 2025 | Price Decreased |
$325,000
↓ $10K
(3%) | |
| Price Decreased | |||
| Dec 3, 2024 | Listed by Compass RE Texas, LLC | $335,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017