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11217 Terrace Meadow WAY
About This Property
Resort-style amenities are just steps away - including a 4-acre aquatic hub with pools, children's splash pad, and twisting water slides that create everyday fun for kids and families. Nearby, the ShadowGlen Golf Club offers championship fairways, a welcoming clubhouse, pro shop, and casual dining - perfect for weekend rounds or social gatherings.
Convenience meets lifestyle here: you're only minutes from H-E-B, Home Depot, restaurants, shops, and essential services, and less than a 20-minute drive to downtown Austin's vibrant core for dining, work, and entertainment. Manor's location along major highway corridors provides straightforward access toward Houston, Dallas, and San Antonio, with proximity to expanding employment centers and Fortune 500 employers in the Central Texas region.
Whether you're enjoying a family day at the water park, hitting the links, or running errands, this home offers true lifestyle convenience in one of Manor's most desirable neighborhoods.
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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 |
|---|---|---|---|
| Feb 9, 2026 | In contract | - | |
| In contract | |||
| Jan 20, 2026 | In contract | - | |
| In contract | |||
| Jan 15, 2026 | Listed by Keller Williams Realty | $419,900 | |
| Listed by Keller Williams Realty | |||
| Jan 12, 2026 | Delisted | - | |
| Delisted | |||
| Jan 10, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017