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1504 Cardinal LN
About This Property
1504 Cardinal Lane is filled with natural light, high ceilings, and a versatile open layout. Offering 2,556 sq. ft., it includes 4 bedrooms and 3.5 bathrooms, with two bedrooms on the first floor, including the private owner's suite with luxury shower. ?Upstairs, you'll find two additional bedrooms along with a game room. perfect for entertaining and everyday living. Best of all, this home is brand-new and truly move-in ready, so you can start enjoying it from day one.?
Residents of Sauls Ranch East enjoy a low 1.7% tax rate, highly rated Round Rock ISD schools, and soon, direct access to the Brushy Creek Trail system right from the neighborhood.
The location makes commuting and convenience effortless, with I-35 and I-45 just minutes away and major employers like Dell, Apple, Samsung, and Amazon nearby. Everyday amenities are close at hand, including HEB just over a mile away, as well as Whole Foods, Sam's Club, and Costco. For entertainment, catch a game at Dell Diamond, a show at the HEB Center, splash at Kalahari Resort, or explore the vibrant Downtown Round Rock district.
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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 |
|---|---|---|---|
| Dec 6, 2025 | In contract | - | |
| In contract | |||
| Sep 19, 2025 | Listed by Outlaw Realty | $889,999 | |
| Listed by Outlaw Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017