39
Map
1601 Cardinal LN
About This Property
A new home that backs to a lush greenbelt and is filled with natural light, soaring ceilings, and a versatile layout. Offering 2,294 square feet, this residence features 4 bedrooms and 3.5 bathrooms. Perfect for multigenerational living or long-term guests, with both the primary suite and a secondary bedroom with a full bath conveniently located on the main level. The spa-like primary suite includes hard surface flooring, a tray ceiling, and a luxurious bath with frameless walk-in shower, mud-set tile pan, and designer finishes. The chef's kitchen showcases built-in appliances including double ovens, a gas cooktop, an undermount sink, quartz countertops, a center island with extended bar seating, and ample cabinetry. High ceilings and expansive windows create an open and inviting atmosphere, while upstairs offers a spacious game room, two additional bedrooms, and a Jack-and-Jill bath.
Effortless access to I-35, SH-45, Mopac, and 183, major employers such as Dell, Apple, Samsung, and Amazon within close reach. H-E-B just over a mile away along with Whole Foods, Sam's Club, and Costco. Entertainment options abound with Dell Diamond, the H-E-B Center, Kalahari Resort, and Downtown Round Rock minutes away. Nearby Lakeline Mall, Alamo Drafthouse, and the Domain provide premier shopping, dining, and nightlife. Top medical facilities including St. David's Round Rock, Baylor Scott & White, and Austin Regional Clinic are also within easy reach, making this home the perfect combination of comfort, style, and convenience.
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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 |
|---|---|---|---|
| Oct 7, 2025 | In contract | - | |
| In contract | |||
| Jun 17, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jun 17, 2025 | Listed by Outlaw Realty | $789,990 | |
| Listed by Outlaw Realty | |||
| May 23, 2025 | Price Decreased |
$789,990
↓ $10K
(1.3%) | |
| Price Decreased | |||
| May 2, 2025 | Price Decreased |
$799,999
↓ $25K
(3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017