Spacious and beautifully maintained, this 5-bedroom, 3-bath home is
located along a quiet cul-de-sac street just steps from the amenity
center in the sought-after Larkspur neighborhood. The inviting open
floor plan is filled with natural light and features high ceilings,
gorgeous wood-look luxury vinyl plank flooring throughout the main
living areas, and stylish arched entryways. The spacious living
room flows seamlessly into the dining area and kitchen, complete
with quartz countertops, crisp white cabinetry with pullout
drawers, a classic subway tile backsplash, stainless steel and
black appliances, and a pantry. The large primary bedroom offers a
private ensuite with a dual vanity, shower, and walk-in closet.
Four additional sizable bedrooms, each with its own closet, share
two full baths and offer plenty of flexibility for guests or a home
office. Outside, the fenced backyard is ready for relaxing and
entertaining with a spacious covered patio, raised garden bed, and
pebbled side yards leading to the front. Just a few steps away,
enjoy outstanding community amenities including a pool, fitness
center, clubhouse, playground, park, scenic trails, and a calendar
full of social events. Ideally located near shopping, dining,
recreation, and everyday essentials, including Costco and H-E-B,
with easy access to Highways 183 and 29 and a short drive to major
employment hubs in Downtown Austin, The Domain, and Cedar Park,
this home offers the perfect blend of comfort, convenience, and
community.
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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