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1551 Parkfield CIR
About This Property
Located on a tree-lined street with friendly neighbors and nearby parks, the setting enhances the home's appeal and creates a peaceful, community-focused environment.
Since being purchased in 2019, the home has seen a series of carefully chosen upgrades designed to enhance both functionality and aesthetics. These include a high-efficiency HVAC system for improved climate control and energy savings, as well as a water softener system that improves water quality and protects plumbing. The kitchen has been elevated with durable quartzite countertops, a spacious farmhouse-style sink, and a full stainless steel appliance package. Additional updates include a new washer and dryer, a quieter overhead garage door opener, and a full bathroom remodel featuring a tiled shower and custom door. The flooring has been replaced with stylish, low-maintenance laminate throughout, and all interior doors have been upgraded to a clean, contemporary style.
This home offers the perfect blend of charm, practicality, and thoughtful updates-an ideal opportunity for anyone looking to enjoy the best of Round Rock living.
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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 26, 2025 | No longer available | - | |
| No longer available | |||
| Apr 18, 2025 | Listed by Redfin Corporation | $310,000 | |
| Listed by Redfin Corporation | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017