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1521 Heep RUN
About This Property
Just a short walk away, residents enjoy the Garlic Creek Amenity Center, featuring a clubhouse, resort-style pool, pavilion, park, and basketball courts.
The sellers have invested approximately $48,000 in bathroom renovations, including a new bathroom added in 2023. Additional upgrades include updated flooring in the upstairs bedrooms and bathrooms, new stair carpet, full perimeter fencing, a built-in kitchen coffee bar with custom cabinetry, new water heater, complete HVAC replacement, insulated garage door with new opener, EV charging outlet, and a media room with an added closet for flexible use as an office or potential fifth bedroom.
Additional smart home features include Siri and Alexa-compatible light switches. For added buyer confidence, the home has been pre-inspected, and the seller will install a new roof prior to closing.
Now offered at a newly adjusted price, this move-in ready home presents an outstanding value in one of West Buda's most sought-after neighborhoods.
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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 |
|---|---|---|---|
| Aug 23, 2026 | In contract | - | |
| In contract | |||
| Jul 17, 2026 | Price Decreased |
$399,000
↓ $26K
(6.1%) | |
| Price Decreased | |||
| Jun 4, 2026 | Price Decreased |
$425,000
↓ $14K
(3.2%) | |
| Price Decreased | |||
| May 20, 2026 | Listed by Kuper Sotheby's Int'l Realty | $439,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017