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11503 Sherwood FRST
About This Property
The entryway skylight sets the tone for this airy, beautiful home. Entry hall leads into a well-sized living room, centered around a classic brick fireplace and built-in cabinets perfect for books or displaying family photos. Vaulted white shiplap ceiling adds architectural dimension and height to this one-story home and blonde wood floorings offer perfect space for your unique interior style.
Kitchen is amazing, with show-stopping details from the wood ceiling to the custom kitchen cabinets, stone countertops, and stainless steel appliances make this ideal space for all home chefs. Bedrooms are located on the opposite wing of the house from the kitchen for ultimate privacy. All bedrooms are a wonderful size - especially the primary! Primary suite includes dual closet space, en suite bathroom with soaker tub, and French doors leading to the backyard. Backyard features a large covered deck, creating another living space nearly all year round.
Property is located on a cul-de-sac with a huge side entrance where the current shed sits is a perfect spot for an ADU, detached office, or even a pool! Property feeds into the top rated schools. Half-mile to H-E-B and Spicewood Springs Library! Other nearby attractions include Balcones Country Club, tons of restaurants, and even an organic spa! Neighborhood is also short drive to St. Edward's Greenbelt and the Spicewood Valley Trail, and just a few blocks from 183.
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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 |
|---|---|---|---|
| Apr 29, 2025 | In contract | - | |
| In contract | |||
| Apr 10, 2025 | Price Decreased |
$499,000
↓ $16K
(3.1%) | |
| Price Decreased | |||
| Apr 4, 2025 | Relisted | $515,000 | |
| Relisted | |||
| Apr 1, 2025 | In contract | - | |
| In contract | |||
| Mar 19, 2025 | Listed by Keller Williams Realty | $515,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017