101 Cross TRL
About This Property
The main floor hosts the primary bedroom, with high tray ceiling, recessed lighting, and sliding glass door providing private access to the backyard and an ensuite bathroom complete with dual vanity, spacious walk-in shower, and a walk-in closet. A secondary bedroom that could also serve as an office is conveniently located on main floor. On the second floor, you will find two more bedrooms, one with its own on-suite bathroom, a game room with built-in surround sound, and a jack-and-jill bathroom.
This home is crafted to accommodate gatherings, and the spacious private backyard is ideal for hosting events. It boasts an expansive screened-in porch that extends the living space, an outdoor pergola, and fire pit. The outdoor automated tree lighting system adds a touch of enchantment.
Nestled on a quiet cul-de-sac, this property offers convenient parking, including a spacious circular driveway, 3-car garage with an epoxy floor, and Tesla charging station. Pella windows throughout with Hunter Douglas shades, Ring doorbell, ADT security system, & Nest thermostats. Fresh exterior paint and updated interior paint throughout most of the home give this property a modern & well-maintained look.
Double Horn is a gated community that offers amenities with a pool, pavilion, playground, sand volleyball court, half basketball court, and a serene pond. Commuting to Austin is a breeze with easy access to Highway 71. Within a short 20-minute drive, you'll find the Hill Country Galleria, & close proximity to Marble Falls and Lakeway ensuring convenience and pleasure.
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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 18, 2024 | In contract | - | |
| In contract | |||
| Feb 21, 2024 | Relisted | $899,000 | |
| Relisted | |||
| Feb 14, 2024 | In contract | - | |
| In contract | |||
| Feb 1, 2024 | Listed by Compass RE Texas, LLC | $899,000 | |
| Listed by Compass RE Texas, LLC | |||
| Jun 13, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017