106 Rangeway CIR
About This Property
Nestled on 1 acre in the highly sought-after gated community of The Legends, this stunning 3,365 square foot custom home offers privacy, security, and a gorgeous view of The Legends golf course. This residence features 4 bedrooms and 3.5 baths, a 3-car garage, and thoughtfully designed living spaces that blend luxury with everyday practicality. Outside, a pool and hot tub, an outdoor kitchen, and a large covered back porch create seamless indoor-outdoor entertaining areas, perfect for the Texas Hill Country lifestyle. The designer kitchen boasts Thermador appliances and gas cooking, while hardwood floors flow throughout and large windows flood the home with natural light.The primary suite is a true retreat, with heated floors in the spa-like bath, an expansive walk-in shower, and a soaking tub. There is a well that supports watering the landscaping, ensuring lush grounds. The home sits on two lots replatted into one offering privacy and expansive views of the golf course. Generous outdoor living spaces are ideal for gatherings, pool days, and sunset evenings, making this property as functional as it is luxurious.The Legends offers an 18-hole golf course within the community, providing premier golf experiences just steps from your door. Residents also have marina access to Lake LBJ, offering convenient boating, fishing, and lakeside leisure for family and guests.
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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 |
|---|---|---|---|
| Apr 3, 2026 | In contract | - | |
| In contract | |||
| Mar 4, 2026 | Listed by McAlister Realty | $1,299,000 | |
| Listed by McAlister Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017