This home qualifies for a $10,000 grant towards down payment for
qualified buyers. Contact onsite agent for details. Enjoy an
amenity rich lifestyle with a community pool, fitness and business
center, walking trails, greenbelt spaces, and gathering areas for
recreation and connection. Near US 290 and SH 130, residents enjoy
access to Tesla, Samsung, Downtown Austin, ABIA, and the East
Austin technology corridor. Shopping, dining, entertainment, and
outdoor recreation including Walter E. Long Metropolitan Park are
nearby.
Offering 2,023 square feet, this 2 story home combines open concept
living with everyday comfort. The main level features a spacious
family room that flows into the kitchen and dining area, creating
an inviting setting for entertaining and daily life. Soaring
ceilings enhance the main living area and bring in natural light.
The kitchen offers abundant cabinetry, generous counter space, and
a large center island ideal for prep, casual dining, and gathering.
The private first floor primary suite provides a comfortable
retreat away from the secondary living spaces. A covered back patio
extends the living area outdoors.
Upstairs, a large gameroom creates flexible space for movie nights,
gaming, hobbies, or a home office. All bedrooms include walk in
closets, providing excellent storage throughout the home. 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. Additional
features include a Ring Doorbell Pro 2 and built in pest control
system designed for convenience, efficiency, and everyday comfort.
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), Granite Counters, Double Vanity, High Speed Internet, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Smart Thermostat, Storage, Walk-In Closet(s), Wired for Data, Ceiling-High, Multiple Living Areas, Primary Bedroom on Main
Appliances: Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Gas Cooktop, Microwave, Stainless Steel Appliance(s), Vented Exhaust Fan, Water Heater, Tankless Water Heater
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