12412 Timber Arch LN
About This Property
This updated home has undergone significant renovations to ensure its structural integrity and aesthetic appeal. A newly installed French drain has been added to manage drainage, while a complete foundation repair has been performed, backed by a lifetime warranty. The exterior and interior of the home have been refreshed with new paint, and the floors have been replaced with beveled laminate and carpet throughout.
The kitchen has been upgraded with a new island, chandelier, tilework, and cabinet paint and hardware, creating a warm and inviting space perfect for cooking and entertaining. The primary restroom has been renovated with an enlarged shower, and ceiling fans have been installed in the upstairs bedrooms for added comfort.
Exterior renovations include fence repair and new stain, ensuring the property's curb appeal is enhanced. This home is an excellent opportunity for families seeking a comfortable and convenient living space with plenty of room for kids to grow, investors looking for a great rental property with a strong potential for returns, and first-time home buyers who want to get into the market with a well-maintained and updated property. Whether you're looking for a forever home, a smart investment, or a steppingstone to your next chapter, this property has something to offer. Don't miss out on this incredible opportunity to own a piece of the Austin suburb of Manor, TX!
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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 |
|---|---|---|---|
| Aug 21, 2024 | In contract | - | |
| In contract | |||
| Aug 15, 2024 | Listed by eXp Realty, LLC | $315,000 | |
| Listed by eXp Realty, LLC | |||
| Jun 2, 2024 | In contract | - | |
| In contract | |||
| May 30, 2024 | Relisted | $269,990 | |
| Relisted | |||
| May 21, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017