21
Map
150 Mikes WAY
About This Property
Located just minutes from US-183 and the 183A Toll Road, the property provides convenient connectivity to Leander, Liberty Hill, Cedar Park, and the greater Austin metropolitan area. The surrounding area continues to see strong residential and economic growth, making this a strategic location for those seeking space, accessibility, and long-term value.
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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 |
|---|---|---|---|
| May 6, 2026 | In contract | - | |
| In contract | |||
| Mar 20, 2026 | Listed by Mallach and Company | $300,000 | |
| Listed by Mallach and Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017