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1385 Pine Forest CIR
About This Property
The backyard is an entertainer's dream, featuring a contemporary custom pool with $15k Badu swimjet system with Speck pump technology for swim-in-place workouts, built-in seating, stepping pads leading to a covered pergola, elevated spa with spillway, relaxing sun shelf, fountain feature, and cool decking-all surrounded by mature trees for added privacy.
Inside, the expansive floor plan offers room for everyone with a dedicated office featuring high ceilings, an inviting family room anchored by a floor-to-ceiling stacked stone fireplace, a spacious game room (pool table can convey), and a dedicated media room. The open-concept kitchen is designed for both everyday living and entertaining with granite countertops, a large center island, built-in appliances, abundant cabinetry, and seamless flow into the living and dining areas. Beautiful wood flooring extends throughout most of the home.
The private primary suite offers a relaxing sitting area, oversized walk-in closet, and a luxurious ensuite bath featuring quartz-topped dual vanities and a frameless zero-edge glass walk-in shower. Two Tankless Water heaters for unending hot water.
Located within the acclaimed Round Rock ISD, students attend Blackland Prairie Elementary and Ridgeview Middle School-both conveniently located within the neighborhood. Residents also enjoy outstanding community amenities including a swimming pool, tennis and pickleball courts, basketball court, playground, picnic pavilion, scenic walking trails, and quick access to Brushy Creek Regional Trail and Lake Forest Park. This is Texas living at its finest.
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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 |
|---|---|---|---|
| Sep 11, 2026 | Price Decreased |
$775,000
↓ $5K
(0.6%) | |
| Price Decreased | |||
| Aug 28, 2026 | Price Decreased |
$779,875
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Jul 9, 2026 | Price Decreased |
$789,900
↓ $3K
(0.3%) | |
| Price Decreased | |||
| Jun 26, 2026 | Listed by Austin Home Seekers | $792,500 | |
| Listed by Austin Home Seekers | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017