Welcome to The Lincoln, a thoughtfully designed two-story home in
the highly desirable Foxfield community, ideally located just
minutes from The Domain and Austin's thriving tech corridor.
Outdoor recreation is just moments away at Walnut Creek
Metropolitan Park, offering miles of hike and bike trails, green
space and outdoor activities, while easy access to Mopac and Hwy
183 provides a seamless commute across Austin. This 2,116 square
foot home features 3 bedrooms and 2.5 bathrooms with a functional
layout that balances everyday living and entertaining. Step inside
to be greeted by and abundance of natural light, enhanced by the
soaring 10-foot ceilings. The kitchen is a standout with sleek
cabinetry, quartz countertops, a 36-inch built in cooktop and a
large island, all flowing seamlessly into the main living areas.
Durable flooring extends throughout, offering both style and
practicality. Upstairs, the spacious primary suite serves as a
private retreat with vaulted ceilings, a well-appointed bath with
dual vanities and a walk-in closet. The oversized game room
provides flexible living space ideal for relaxing, working, or
entertaining, while the secondary bedrooms are well sized and
thoughtfully positioned. Step outside onto the private balcony to
enjoy the last of Foxfield's largest homesites with mature
greenery. Energy efficient features including ENERGY STAR
certification, dual pane windows, smart thermostat, tankless water
heater, and radiant barrier construction add comfort and
efficiency. With modern finishes, a versatile floor plan and an
unbeatable North Austin location, this home offers exceptional
value and livability in one of the area's most convenient
communities.
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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