Beautifully maintained NW Austin home with an outstanding floorplan
featuring a main-level bedroom, en-suite bath, and dedicated home
office! Loaded with valuable recent updates, this home offers true
peace of mind with a Generac whole-home generator with transferable
warranty capable of powering the entire house, Hardie Plank siding
replacing the original wood siding, whole-house gutters with
LeafGuard protection, a new roof in 2023, water heater in 2025, and
dishwasher in 2026. No city, or MUD taxes - super low tax rate of
1.5273 is 22% lower than nearby City of Austin properties PLUS no
HOA fees! Designed for both everyday living and entertaining, the
spacious layout includes a huge game room plus four additional
bedrooms and three full bathrooms upstairs. The updated kitchen
features abundant cabinet and counter space, granite countertops,
built-in stainless steel double ovens, and overlooks the backyard
through a wall of windows. One of the home's standout features is
the incredible park-like backyard, best enjoyed from the expansive
wraparound enclosed patio that creates an exceptional outdoor
living space perfect for relaxing or hosting guests. Located in a
highly sought-after neighborhood with parks, a community pool, and
the scenic Lake Creek Hike & Bike Trail, the home is zoned to
highly rated Round Rock ISD schools and is just two blocks from
15-acre Springwoods Park, featuring playgrounds, tennis and
pickleball courts, sports fields, and walking trails. Conveniently
situated just minutes from Highways 183, 620, SH 45, and Parmer
Lane, as well as the Apple campus, Texas Children's and Dell
Children's Hospitals, and an abundance of shopping, dining, and
entertainment, this home offers the perfect combination of modern
updates, spacious living, and an unbeatable location.
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.
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