1411 Fall Creek LOOP
About This Property
Step inside to an open floorplan with a large inviting foyer, formal dining or office, spacious great room with a cozy fireplace. The bright and airy atmosphere flows throughout the kitchen, breakfast area, and living space, making it perfect for entertaining. Walls of windows provides tranquil views of the gorgeous greenery outside.
The large kitchen provides built-in appliances, a gas cooktop, and plenty of storage and counterspace.
The spacious primary suite provides a lovely retreat with an ensuite including double sinks, and separate shower and bathtub.
Enjoy the convenience of being within minutes to neighborhood pools including Kay Redden, Lakeline Pool, and Elizabeth Milburn Pool. The home is in a serene and friendly community in the highly desirable Leander ISD and just minutes away from Lakeline Mall, HEB Plus!, Texas Children's Hospital, and some of Austin's best eateries; plus it is only 15 minutes from the Apple Campus and The Domain, and 25 minutes to downtown Austin. Outdoor enthusiasts will love the nearby jogging and biking trails.
Don't miss out on this beautiful home in a prime location!
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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 |
|---|---|---|---|
| Aug 18, 2024 | In contract | - | |
| In contract | |||
| Aug 10, 2024 | Relisted | $500,000 | |
| Relisted | |||
| Aug 5, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | Listed by Redfin Corporation | $500,000 | |
| Listed by Redfin Corporation | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017