1306 River Oak DR
About This Property
This home has been thoughtfully upgraded over the years, including new roof shingles in 2023, dishwasher and stove in 2024, microwave in 2025, water heater in 2020, and downstairs HVAC in 2021-providing modern convenience and peace of mind.
Set on a spacious lot, the backyard is a dream with a hot tub deck, chicken coop, dog run, custom landscaping, and even a tree house-ideal for both entertaining and everyday enjoyment. Additional features include a 30-amp RV hookup, built-in dog kennel, three attic storage areas, and ample room for hobbies and outdoor living.
Located within the acclaimed Leander ISD, this home offers easy access to top-rated schools, major highways, shopping, and dining. The Oak Ridge community also provides a park, pool, and sports court-all just a short stroll away.
Enjoy the perfect blend of comfort, charm, and convenience in one of Leander's most established and sought-after neighborhoods!
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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 |
|---|---|---|---|
| Dec 9, 2025 | In contract | - | |
| In contract | |||
| Nov 21, 2025 | Price Decreased |
$369,500
↓ $21K
(5.3%) | |
| Price Decreased | |||
| Nov 4, 2025 | Price Decreased |
$390,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Sep 30, 2025 | Price Decreased |
$395,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Jul 26, 2025 | Price Decreased |
$400,000
↓ $5K
(1.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017