*3% ASSUMABLE INTEREST RATE for primary buyers with less than 1%
down- contact the listing agent for more details!* Welcome to the
heart of Hometown in Kyle! This home's layout works for everyone. A
primary suite with a walk-in closet and oversized primary bathroom.
The kitchen opens to the living room. 3 bedrooms are upstairs,
along with an oversized media/game/living room. A covered front
porch to overlook the neighborhood and a covered back patio for
hanging in the yard. All just a brief stroll from the community
parks, playgrounds, basketball courts, and scenic hike-and-bike
trails. The location is unbeatable. Minutes to HEB, Plum Creek Golf
Course, and the in progress Uptown. Multiple wineries, breweries,
and distilleries are nearby, plus easy access to Five Mile Dam and
EVO Entertainment. Whether you're making a quick trip to the Salt
Lick or the premium shopping at Tanger Outlets, the best of Buda,
San Marcos, and South Austin is in your backyard. Do not miss the
opportunity!
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.
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