11120 Cherisse DR
About This Property
Inside, you'll find 4 spacious bedrooms plus a dedicated office, 2.5 baths, two large living areas, and an open floorplan designed for comfortable living and effortless entertaining. The primary suite is conveniently located downstairs and features private garden views, a generous walk-in closet, and a luxurious ensuite bath. Upstairs boasts large secondary bedrooms, plush carpet, and plenty of storage throughout.
The gourmet kitchen is outfitted with granite countertops, a travertine backsplash, under-cabinet lighting, and oil-rubbed bronze fixtures. Additional upgrades include in-wall speakers, a 2023 Trane A/C condenser and furnace, and an oversized garage with extra storage space.
Enjoy relaxing evenings on the large covered patio or take advantage of the beautifully landscaped front and back yards. The home has been pre-inspected for your buyer's convenience, with 20 repairs already completed by the sellers.
Located just 15 minutes from downtown Austin and 20 minutes from ABIA, Meridian offers incredible neighborhood amenities including a community pool, private 10-acre lake, extensive greenbelts, playgrounds, and a short walk to Baldwin Elementary.
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Cap Rate Calculator
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 19, 2025 | In contract | - | |
| In contract | |||
| May 13, 2025 | Relisted | $750,000 | |
| Relisted | |||
| May 9, 2025 | In contract | - | |
| In contract | |||
| May 2, 2025 | Listed by South Austin Homes | $750,000 | |
| Listed by South Austin Homes | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017