11909 Caithness WAY
About This Property
Light-filled and thoughtfully designed, this contemporary two-story home features an open-concept layout centered around a gourmet cook's kitchen, complete with a custom built-in sideboard-ideal for entertaining or intimate gatherings. The downstairs living spaces are anchored by light-colored wood-look tile, marrying aesthetic grace with lasting durability.
Natural light pours through expansive windows, illuminating the warm spaces and highlighting the seamless connection to outdoors. Step through to your covered porch, perfect for morning coffee, and onto to the sun-drenched patio leading to a custom firepit-your at-home retreat to enjoy serene evenings under the sky.
Enjoy sweeping pastoral views that stretch across ranchland, visible from both the backyard and the primary bedroom-an everyday reminder of calm and privacy.
The versatile floorplan offers a "flex landing" currently serving as an at-home gym, alongside four bedrooms and 2.5 baths. The primary suite has a stunning view and boasts a dual vanity, large walk-in shower, and an oversized walk-in closet that wraps your personal space in luxury and convenience. It also shares no walls with other bedrooms, putting privacy at a premium.
Community & Location Perks
As part of Bellingham Meadows, you'll appreciate access to a community pool, verdant park spaces, and walking paths that encourage both relaxation and recreation. Locals rave about the neighborhood's family-friendly atmosphere, scenic trails, and welcoming culture.
The home is also well-positioned near a vibrant mix of amenities-restaurants, shopping outlets, healthcare services, and more-making errands and dining out effortless. Plus, downtown Austin is just a convenient 10–15 minute drive away, so the best of the city is right within reach.
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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 |
|---|---|---|---|
| Sep 4, 2025 | In contract | - | |
| In contract | |||
| Aug 27, 2025 | Listed by Compass RE Texas, LLC | $399,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017