Photos are of a completed home and are for illustrative purposes
only. Actual home is under construction and design selections,
materials, and features may differ. Confirm final specifications
with the New Home Consultant. Actual home is under construction, to
be completed by October 2026 Located in the Foxfield community,
residents enjoy a convenient North Austin location with easy access
to major employers, shopping, dining, and recreation. The Domain,
Q2 Stadium, Walnut Creek Metropolitan Park, and the expanding North
Austin tech corridor are all nearby, while MoPac, IH-35, Hwy 183
and Parmer Lane provide easy connectivity throughout Austin.
This thoughtfully designed 2 story floor plan offers 3 bedrooms,
2.5 baths, approximately 1,888 sqft, and a 2 car attached garage.
The open concept layout features soaring ceilings above the main
living and dining areas with stacked windows that fill the home
with natural light. The kitchen sits at the center of the home with
a large island, stainless steel appliances, cooktop, built in oven
and microwave, and pantry storage. The primary suite is located on
the main level and includes a spacious bath with dual vanity and a
large walk in closet. Upstairs you will find 2 secondary bedrooms
plus a versatile game room or loft overlooking the living area
below.
Energy efficient construction includes ENERGY STAR qualified
windows, radiant barrier roof decking, dual pane windows, smart
thermostat, tankless water heater, and efficient appliances
designed to help reduce long term utility costs. Exterior features
include masonry and HardiPlank construction, covered front porch
and patio, landscaped yard with automatic irrigation and rain
sensor, and a fenced backyard.
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.
Interior Features: Breakfast Bar, Ceiling Fan(s), Double Vanity, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Storage, Walk-In Closet(s), Ceiling-High, Quartz Counters, Interior Steps, Multiple Living Areas, Primary Bedroom on Main
Appliances: Cooktop, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Gas Cooktop, Microwave, Stainless Steel Appliance(s), Vented Exhaust Fan, Water Heater, Tankless Water Heater, Built-In Oven(s), RNGHD
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