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124 Redtail LN
About This Property
Designed with both functionality and comfort in mind, this home provides generous living spaces perfect for entertaining, working from home, or accommodating a growing household. A standout feature is the added slide gate, providing convenient access to securely park a boat, RV, trailer, or additional vehicles-an incredibly rare amenity in Larkspur.
Residents enjoy all that the Larkspur master-planned community has to offer, including the Larkspur Amenity Center with its resort-style pool, splash pad, fitness center, clubhouse, playgrounds, scenic walking trails, and over 100 acres of parks and open green space along the San Gabriel River, creating an exceptional lifestyle for everyone.
Conveniently located near Highway 183 and Highway 29, this home offers easy access to shopping, dining, major employers, and is zoned to highly regarded Leander ISD schools. Opportunities to own a home of this size-with an oversized lot, 3-car garage, and dedicated RV/boat access-in Larkspur are exceptionally rare. Don't miss your chance to make this incredible property your next home!
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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 |
|---|---|---|---|
| Aug 22, 2026 | Price Decreased |
$599,995
↓ $25K
(4%) | |
| Price Decreased | |||
| Jul 23, 2026 | Listed by Keller Williams Realty C. P. | $625,000 | |
| Listed by Keller Williams Realty C. P. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017