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1008 Cavalry Ride TRL
About This Property
Nestled in the highly sought-after master-planned community of Steiner Ranch, residents enjoy access to the prestigious University of Texas Golf & Country Club, private Lake Austin access, and proximity to Lake Travis. The community offers on-site dining, retail, medical facilities, 20 miles of scenic hike and bike trails, and three amenity centers featuring tennis, pickleball, volleyball, and basketball courts, along with playgrounds and sports fields. Zoned to Vandegrift High School, known for its top-ranked programs and esteemed International Baccalaureate (IB) program, this home delivers an unbeatable blend of luxury, convenience, and lifestyle.
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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 |
|---|---|---|---|
| May 8, 2025 | In contract | - | |
| In contract | |||
| Apr 24, 2025 | Relisted | $750,000 | |
| Relisted | |||
| Apr 16, 2025 | In contract | - | |
| In contract | |||
| Mar 29, 2025 | Price Decreased |
$750,000
↓ $25K
(3.2%) | |
| Price Decreased | |||
| Mar 6, 2025 | Listed by eXp Realty, LLC | $775,000 | |
| Listed by eXp Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017