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12909 Medina River WAY
About This Property
Designed for both everyday living and entertaining, the spacious island kitchen features granite countertops, double ovens and a large breakfast area that opens to the family room with a natural gas fireplace. A generous formal dining room with adjoining butler's pantry is perfect for holidays and special gatherings, while the dedicated study with doors provides a private work-from-home space.
The spacious primary suite overlooks the greenbelt and features a sitting area and high ceilings. The primary bath offers dual vanities, an oversized soaking tub, separate walk-in shower and expansive walk-in closet. Wood floors flow throughout the main living areas, with carpet in the bedrooms. Custom drapes add a beautiful finishing touch in the family room and kitchen.
Additional features include as, "An added bonus-this home features fully owned solar panels, providing significant savings on monthly electricity costs without the burden of a solar lease or loan!", a convenient mud area off the garage for backpacks and everyday essentials, an oversized garage with room for extra storage or a golf cart, and an outdoor BBQ pit on the back porch. The home has also been professionally cleaned, including the windows and screens, and is truly move-in ready.
Steiner Ranch offers miles of trails, multiple pools, parks, playgrounds, tennis and basketball courts, soccer fields, plus the Lake Club on Lake Austin with boat ramp access. Enjoy nearby dining including Steiner Ranch Steakhouse, Vaqueros Cafe & Cantina, Cho Sushi Japanese Fusion and Sloan + Parker Wine Bar, with convenient access to Four Points and major Northwest Austin employers.
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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 1, 2026 | Listed by Realty One Group Prosper | $675,000 | |
| Listed by Realty One Group Prosper | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017