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12707 Marimba TRL
About This Property
Beautifully Renovated. Peaceful Greenbelt Views. Move-In Ready!
Discover a fresh new look in Northwest Austin's desirable Milwood neighborhood! This beautifully updated 2-bedroom, 1-bath home combines modern finishes, low-maintenance living and a wonderful natural setting.
Thoughtful improvements throughout include new luxury vinyl plank flooring, fresh interior paint, smooth ceilings, quartz kitchen countertops, brand-new stainless steel appliances, updated bathroom finishes and contemporary lighting. Light, bright and inviting, this move-in-ready home offers the convenience of updated interiors without the hassle of a renovation.
The real standout? Backing to a neighborhood-maintained greenbelt, the property enjoys peaceful views of mature trees and open green space. The regularly maintained landscape creates a park-like backdrop, offering a refreshing sense of privacy and room to breathe. A spacious patio and fenced yard provide perfect a spot for morning coffee, outdoor dining or relaxing beneath the Texas sky.
Milwood offers an exceptional Northwest Austin lifestyle, with nearby Rattan Creek Park, neighborhood hike-and-bike trails, playgrounds, swimming, tennis, pickleball and other recreational opportunities. Conveniently located in Austin's thriving technology corridor near Apple's campus, The Domain, shopping, dining and major employers. Easy access to MoPac and Highway 183 makes commuting throughout Austin a breeze. Zoned to Round Rock ISD.
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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 20, 2026 | Listed by Coldwell Banker Realty | $315,000 | |
| Listed by Coldwell Banker Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017