Photos are of a completed model and are for illustrative purposes
only. Design selections, materials, and features may vary. Confirm
final specifications with the New Home Consultant. This home
qualifies for a $10,000 grant towards down payment for qualified
buyers. Contact onsite agent for details. Experience an
amenity rich community featuring a resort style pool, fitness and
business center, scenic walking trails, greenbelt space, and
inviting gathering areas designed for recreation and connection.
Conveniently located near US 290 and SH 130, residents enjoy quick
access to Tesla, Samsung, Downtown Austin, ABIA, and the expanding
East Austin technology corridor, with shopping, dining,
entertainment, and outdoor recreation all nearby. Situated on a
desirable cul de sac homesite, this well designed 2 story home
blends modern style with everyday functionality. The open concept
main level creates an effortless flow between the family room,
kitchen, and dining area, making it ideal for both entertaining and
daily living. Dramatic volume ceilings in the family room are
complemented by the upstairs gameroom and open hallway overlooking
the space below, creating an impressive sense of openness. The
spacious kitchen offers abundant cabinetry, expansive countertops,
and a large center island perfect for cooking, serving, or
gathering. The private first floor primary suite provides a
relaxing retreat away from the secondary bedrooms and living
spaces. A covered patio extends the living area outdoors, offering
a comfortable setting for morning coffee or evening entertaining.
Upstairs, the oversized gameroom provides exceptional flexibility
for a media room, playroom, home office, or additional living
space. Energy conscious construction includes a 16 SEER HVAC
system, R49 attic insulation, tankless water heater, WiFi enabled
programmable thermostat, Low E double pane windows, and LED
lighting.
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.
Interior Features: Breakfast Bar, Ceiling Fan(s), Cathedral Ceiling(s), Granite Counters, Double Vanity, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Smart Thermostat, Storage, Walk-In Closet(s), High Speed Internet, Ceiling-High, Multiple Living Areas, Primary Bedroom on Main
Appliances: Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Gas Range, Microwave, Stainless Steel Appliance(s), Vented Exhaust Fan, Water Heater, Tankless Water Heater
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