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Map
1310 Falcon Oaks DR
About This Property
The property features an existing mobile home and a carport/storage shed, providing a footprint for onsite storage during construction or a project for those looking to add value.
Located in a subdivision with very few restrictions and no HOA, you'll enjoy flexibility to build and design with fewer limitations. Whether you're planning a custom home, investment project, or future homesite, this lot offers convenience, accessibility, and freedom.
Conveniently situated near everyday essentials, you're just minutes from H-E-B plus!, Randalls, and Sprouts Farmers Market in Leander, with additional options like Whole Foods Market in nearby Cedar Park. Shopping, dining, and daily conveniences are all within easy reach. Enjoy the outdoors just less than a mile from Robin Bledsoe Park, featuring playgrounds, sports courts, picnic areas, and open green space for recreation and community gatherings. Easy access to 183A Toll Road, just minutes away, and convenient connectivity to Route 183 and the SH 45 corridor-making travel to Cedar Park, Round Rock, and Austin smooth and efficient.
Rare opportunity to secure a build-ready property with utilities available and room to create something truly your own.
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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 |
|---|---|---|---|
| Mar 1, 2026 | In contract | - | |
| In contract | |||
| Feb 27, 2026 | Listed by eXp Realty, LLC | $175,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017