15914 Salado DR
About This Property
From the moment you arrive, you'll be drawn in by the bold curb appeal, highlighted by rich wood accents, sleek dark finishes, and an extended driveway that leads to an oversized two-car garage-with additional interior storage space for added functionality.
Inside, the open-concept layout features a bright and airy living room with high ceilings, a rustic wood beam, and double glass doors that lead to a massive covered patio. The kitchen is complemented by a spacious walk-in pantry with wraparound shelving, ideal for staying organized and maximizing storage. The private seller's suite offers direct backyard access, large walk-in closet, and a luxurious ensuite bathroom with a deep soaking tub, a large walk-in shower, and dual vanities. Three additional bedrooms provide flexible living space, while the stylish half-bath offers convenience for guests.
Step outside to enjoy a large, covered back patio perfect for relaxing or entertaining, with a private, tree-lined yard and cozy seating area complete with a faux green accent wall. As part of the Tanglewood HOA, homeowners enjoy access to a neighborhood pool, park, and covered school bus pick-up area-making it an ideal setting for families. With refined finishes, smart storage, and a layout built for comfort, this home blends modern Hill Country style with everyday functionality.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 22, 2025 | In contract | - | |
| In contract | |||
| May 7, 2025 | Listed by Real Broker, LLC | $439,000 | |
| Listed by Real Broker, LLC | |||
| Jul 17, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Price Decreased |
$439,000
↓ $46K
(9.5%) | |
| Price Decreased | |||
| May 29, 2024 | Price Increased |
$485,000
↑ $15K
(3.2%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017