15808 Cinca Terra DR
About This Property
Additional features and updates include high ceilings, extra thick countertops, hand-scraped hardwood flooring, and a recently installed Tesla charger in the two-car garage. Surrounded by well-established oak trees, the exterior boasts a large, private backyard with no neighbors behind and a lovely covered patio with an exterior gas outlet to hook up your grill.
Nestled in the walkable Bella Colinas neighborhood in the heart of Lakeway, and moments from the fantastic Hill Country Galeria and exemplary Lake Travis ISD. Walking distance to the recently opened Summermoon Coffee! This stunning home and location is not to be missed.
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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 |
|---|---|---|---|
| Feb 10, 2024 | In contract | - | |
| In contract | |||
| Feb 9, 2024 | Listed by Compass RE Texas, LLC | $600,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017