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1218 Mathias ST
About This Property
Nestled in the charming and well-established Heritage Park neighborhood, this beautifully maintained home offers the perfect balance of suburban comfort and city convenience. Residents of this peaceful community enjoy a stunning outdoor pool, tree-lined streets, friendly neighbors, and access to just minutes from Lakeline Mall, Costco, and the 1890 Ranch shopping center, you'll have easy access to a variety of dining, retail, and entertainment options. Outdoor enthusiasts will love being close to Milburn Park, with its hike and bike trails, sports courts, pool, and regular community events. Plus, with quick access to 183A and FM 1431, commuting to Austin or nearby tech hubs is a breeze. Whether you're looking for a great place to raise a family or simply want to enjoy the best of Cedar Park living, this house places you right where you want to be-in a quiet, welcoming community with all the conveniences of city living nearby.
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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 |
|---|---|---|---|
| Oct 24, 2025 | In contract | - | |
| In contract | |||
| Oct 14, 2025 | Price Decreased |
$299,900
↓ $30K
(9.1%) | |
| Price Decreased | |||
| Aug 30, 2025 | Price Decreased |
$330,000
↓ $15K
(4.4%) | |
| Price Decreased | |||
| Aug 8, 2025 | Listed by REAL INTERNATIONAL BROKERAGE LLC | $345,000 | |
| Listed by REAL INTERNATIONAL BROKERAGE LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017