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15016 Thatcher DR
About This Property
Inside, a welcoming foyer opens to a spacious, thoughtfully designed floor plan ideal for multigenerational living. Features include easy-care ceramic tile flooring, extensive crown molding, recessed lighting, and custom blinds throughout. The light-filled formal dining room showcases crown and chair molding with a chandelier, while the dedicated office offers a quiet, refined workspace.
The open-concept living area boasts tall ceilings, floor-to-ceiling windows overlooking the lush backyard, decorative art niches, a fireplace with mantle, and surround sound wiring. The spacious kitchen is well-appointed with abundant cabinetry, tile backsplash, black appliances, gas cooktop, corner pantry, casual eating bar, and sunny breakfast nook.
The serene primary suite features soaring ceilings with elegant architectural details and an ensuite bath with dual vanities (including a seated vanity), white cabinetry, a corner soaking tub, separate extended shower, and walk-in closet. A secondary flex space provides versatility as a game room, hobby area, or additional office.
Secondary bedrooms include tall ceilings and ceiling fans. A spacious laundry room offers shelving and room for an additional refrigerator or freezer, plus a convenient powder bath.
Step outside to a gorgeous backyard with impeccable landscaping, mature trees, scalloped garden beds, and a patio perfect for outdoor entertaining. Zoned to acclaimed Round Rock ISD schools: England Elementary, Pearson Ranch Middle, and McNeil High School.
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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 |
|---|---|---|---|
| Mar 20, 2026 | Listed by Mallach and Company | $599,900 | |
| Listed by Mallach and Company | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017