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1039 OAKLANDS DR
About This Property
Enjoy the warmth and beauty of recent wood flooring in the main living areas and one secondary bedroom, with extra materials left behind for future use. Roof shingles were replaced in recent years, and a tankless water heater adds energy efficiency and convenience.
Yes, the home needs some updates -- and it's been priced accordingly and presents a fantastic opportunity for buyers ready to bring their vision to life in a well-established neighborhood. Zoned to top-rated RRISD schools -- Fern Bluff Elementary, Chisholm Trail Middle, and Round Rock High -- this is your chance to own in 78681 with room to personalize and make it your own. And take a look around! Amazing location -- easy commute EVERYWHERE - and wonderful community amenities...pool, park, mature trees, walking trails, just THE BEST neighborhood. Don't miss this chance to invest in a property with great bones, an unbeatable location and a layout that adapts to your 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 31, 2025 | In contract | - | |
| In contract | |||
| May 21, 2025 | Price Decreased |
$420,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Apr 13, 2025 | Listed by Keller Williams Realty-RR WC | $430,000 | |
| Listed by Keller Williams Realty-RR WC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017