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12621 Capella TRL
About This Property
The home also includes a dedicated study on the main floor plus a study nook upstairs, a separate game room for kids or media use, and a 2.5 car garage for extra storage or a workshop setup. Covered patios in both the front and back extend the living space outdoors year round.
Recent updates include a completely remodeled kitchen with newer appliances, all new colid cherry cabinets, and new countertops, plus remodeled secondary bathrooms. New roof and new carpet in June 2026. EV charger already installed. The backyard includes a plunge pool, sized for cooling off rather than lap swimming, so the yard stays open and usable instead of being taken over by a full pool footprint.
Location is a standout: a very short walk to both Laura Bush Elementary and Canyon Ridge Middle School, as well as the Town Square Community Center and dog park.
Steiner Ranch offers Lake Austin access through the neighborhood's private lake club and boat launch, and the University of Texas Golf Club sits within the neighborhood alongside additional course access nearby. Residents also have multiple community centers, pools, tennis, pickleball, and basketball courts, sports fields, and 20+ miles of hike-and-bike trails connecting to Balcones Canyonlands Preserve greenbelt. Zoned to Leander ISD.
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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%.
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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.
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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 |
|---|---|---|---|
| Sep 10, 2026 | Listed by eXp Realty, LLC | $1,049,000 | |
| Listed by eXp Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017