Photos are of a completed model and are for illustrative purposes
only. Design selections, materials, and features may vary. Confirm
final specifications with the New Home Consultant. This home
qualifies for a $10,000 grant towards down payment for qualified
buyers. Contact onsite agent for details. Located in Saddle
Ridge at Wildhorse Ranch, residents enjoy a lifestyle centered
around convenience and recreation with a community pool, fitness
and business center, walking trails, greenbelt space, and inviting
gathering areas. The neighborhood offers quick access to US 290 and
SH 130, placing Tesla, Samsung, Austin-Bergstrom International
Airport, Downtown Austin, and the expanding East Austin technology
corridor within easy reach. Shopping, restaurants, entertainment,
and outdoor recreation are all just minutes away. Situated on a
desirable cul-de-sac homesite, this beautifully designed two-story
home combines spacious living with thoughtful everyday
functionality. The open-concept main level features a bright family
room with soaring ceilings that create an impressive sense of
volume while allowing natural light to fill the space. Overlooking
the living area, the upstairs game room and open hallway add to the
home's striking architectural design. The kitchen is well equipped
with abundant cabinet storage, expansive countertops, and a large
center island that serves as the perfect gathering place for
entertaining, meal preparation, or casual dining. The private
primary suite is conveniently located on the first floor, providing
a relaxing retreat away from the secondary bedrooms and upstairs
living areas. A covered patio creates an inviting outdoor space for
relaxing with family or guests. Upstairs, the generously sized game
room offers endless flexibility for a media room, play area, home
office, or additional living space. Energy-efficient construction,
16 SEER HVAC system, R49 attic insulation, Low-E double-pane
windows, LED lighting, a tankless water heater.
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), Cathedral Ceiling(s), Granite Counters, Double Vanity, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Smart Thermostat, Storage, Walk-In Closet(s), High Speed Internet, Ceiling-High, Multiple Living Areas, Primary Bedroom on Main
Appliances: Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Gas Range, Microwave, Stainless Steel Appliance(s), Vented Exhaust Fan, Water Heater, Tankless Water Heater
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