11512 Reading WAY
About This Property
Step inside to discover an open-concept floor plan ideal for both relaxed everyday living and stylish entertaining. The heart of the home is an expansive kitchen outfitted with timeless white cabinetry, gleaming granite countertops, high-end stainless steel appliances, and a layout that flows seamlessly into the generous family room-perfect for gathering and connection.
Luxury wood-look tile graces the first-floor living areas, offering both durability and elegance, while plush carpet adds warmth to each of the spacious bedrooms. The main-level primary suite is a serene retreat featuring dual vanities, abundant natural light, and peaceful backyard views.
This home also comes equipped with solar panels, providing energy efficiency and cost savings, and a whole-house water softener, enhancing daily comfort and protecting your appliances.
Step outside to your private backyard oasis, which opens to a peaceful greenbelt-ideal for enjoying quiet mornings or secluded evenings. Fresh interior paint and newly installed carpet make this home completely move-in ready.
Located just minutes from top-rated Rutledge Elementary, the upcoming Dell Medical Center, Apple Campus, and premier shopping and dining at The Domain and 1890 Ranch, this home offers exceptional convenience. Enjoy access to a vibrant, amenity-rich community with multiple resort-style pools, playgrounds, and a scenic golf course backing to Brushy Creek and Lake Will Wilson-ensuring endless opportunities for recreation and relaxation.
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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 |
|---|---|---|---|
| Sep 23, 2025 | In contract | - | |
| In contract | |||
| Sep 11, 2025 | Price Decreased |
$640,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Aug 13, 2025 | Relisted | $650,000 | |
| Relisted | |||
| Aug 7, 2025 | In contract | - | |
| In contract | |||
| Jul 30, 2025 | Listed by Compass RE Texas, LLC | $650,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017