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15628 Interlachen DR
About This Property
Welcome to 15628 Interlachen Drive, a charming 3-bedroom, 2-bathroom home with a private office and an oversized upstairs loft in the highly sought-after Avery Ranch community of North Austin. This flexible floor plan offers all bedrooms and the office on the first floor for convenience, while the spacious loft upstairs is perfect for a game room, media room, or second office. A projector and reclining chairs convey if desired, providing an instant home theater setup. The home is wired for high-speed internet, making it ideal for remote work, streaming, or gaming. The backyard features a covered patio with low-maintenance landscaping, while the HOA maintains the front yard for stress-free living.
Living in Avery Ranch means access to one of Austin's premier master-planned communities. Residents enjoy five community pools, lighted tennis and basketball courts, multiple clubhouses and pavilions, and more than 180 acres of hike and bike trails that connect directly to Brushy Creek Lake Park. The community is home to the renowned Avery Ranch Golf Club, an 18-hole course with scenic Hill Country views. Families will appreciate top-rated Leander ISD schools, including Rutledge Elementary, Stiles Middle School, and Vista Ridge High School, all known for academic excellence. Throughout the year, residents come together for neighborhood events such as holiday festivals, food truck nights, and summer concerts, adding to the vibrant community atmosphere.
The location is unmatched, with quick access to Lakeline Mall, The Domain, Brushy Creek Lake Park, and major tech employers. Commuting is a breeze with proximity to 183 and the 45 Toll Road. Combining modern convenience, a desirable floor plan, and the full lifestyle that Avery Ranch offers, this home represents one of the best opportunities in the area.
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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 |
|---|---|---|---|
| Oct 21, 2025 | No longer available | - | |
| No longer available | |||
| Sep 19, 2025 | Relisted | $495,000 | |
| Relisted | |||
| Sep 18, 2025 | In contract | - | |
| In contract | |||
| Jul 24, 2025 | Price Decreased |
$495,000
↓ $34K
(6.4%) | |
| Price Decreased | |||
| Jul 17, 2025 | Price Decreased |
$529,000
↓ $6K
(1.1%) | |
| Price Decreased | |||
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About Avery Ranch Garden Homes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017