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15202 Sun Bird LN
About This Property
Step inside the updated home, which is flooded by nautral light. Laminate flooring in the main living area offers style and warmth, and the remodeled eat-in kitchen is absolutely stunning. Custom white cabinets, white quartz countertops, and a stylish backsplash await, along with a breakfast bar, stainless steel appliances, tons of storage, under-cabinet lighting, and a pantry, all of which are open to the living room.
The spacious primary retreat features an updated bath you'll love relaxing in. There is a stand-alone soaking tub, a large walk-in glass shower with gorgeous marble tile, a spacious double vanity with granite counters, and walk-in closet. The convenient in-law floor plan features two guest bedrooms, which share an updated secondary bathroom, and are situated on the opposite side of the home from the primary suite. There is also a dedicated laundry room.
The inviting living room features a wall of windows and a corner fireplace, overlooking the backyard. Step outside to your own private sanctuary featuring a large hot tub, spacious deck, lovely landscaping, slate stone walkway, pavers, a stone patio, landscape lighting, and mature trees, plus plenty of shade. The 7.5 ft backyard privacy fence is surrounded by trees on all three sides, offering ample privacy. Soak in the beauty of your surroundings, bird watch, or enjoy a meal with friends or family!
Additional updates include fresh exterior paint (2024), hot water heater (2020), a whole-house Micro pure Air Purifier (2024), an added irrigation system in the yard and flower beds (2021), updated lighting and fans, and more.
Located in the heart of Lakeway in a quiet neighborhood, this home is convenient to area amenities, shopping, restaurants, schools, and more. In addition, there is no HOA, and a low 1.6589% tax rate.
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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 |
|---|---|---|---|
| Nov 15, 2025 | In contract | - | |
| In contract | |||
| Sep 24, 2025 | Listed by Compass RE Texas, LLC | $525,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017