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1220 Calendula TRL
About This Property
The kitchen is a standout feature, offering an oversized center island, abundant cabinetry, generous prep space, and an open layout that connects seamlessly to the main living areas. High ceilings and a wide entry enhance the sense of space throughout the home.
The floor plan includes multiple living areas, a private office, and a media or flex room, providing flexibility for a variety of needs. Interior upgrades include custom roller shades and blinds throughout and a built-in beverage cooler.
The backyard has been professionally improved and features a custom wood deck, extended covered porch, stone walking paths, solar landscape lighting, mature landscaping, and a level, usable lawn. Additional exterior site improvements include a discreet trash bin platform.
The 3-car tandem garage has been upgraded with epoxy-coated flooring, custom cabinetry, and additional overhead storage.
Approximately $45,000–$60,000 in owner improvements have already been completed, offering immediate usability without post-closing projects. Zoned to Parkside Elementary, Stiles Middle, and Rouse High School, this home presents a well-appointed, move-in-ready opportunity within Leander ISD.
This is the final price adjustment before the home is offered for lease.
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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 |
|---|---|---|---|
| Jul 7, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jun 23, 2026 | Price Decreased |
$729,990
↓ $20K
(2.7%) | |
| Price Decreased | |||
| May 30, 2026 | Price Decreased |
$749,990
↓ $34K
(4.3%) | |
| Price Decreased | |||
| May 12, 2026 | Price Decreased |
$784,000
↓ $5K
(0.6%) | |
| Price Decreased | |||
| Apr 18, 2026 | Relisted | $789,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017