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1606 Academy PL
About This Property
Located in highly sought after Round Rock ISD, this home puts everyday convenience within easy reach. HEB, Starbucks, shopping, dining and services are nearby, with quick access to I 35 and SH 45 for an easy commute throughout Round Rock and North Austin. Downtown Round Rock, Lake Pflugerville, The Domain, Q2 Stadium, Costco, major employers and countless shopping and dining destinations are all easily accessible. Recent updates and maintenance include a newer water heater, updated toilets, refreshed kitchen cabinetry, serviced HVAC and garage door improvements. A fantastic combination of space, flexibility and location in the heart of Round Rock.
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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 |
|---|---|---|---|
| Sep 10, 2026 | Listed by Brodsky Properties | $359,900 | |
| Listed by Brodsky Properties | |||
| Mar 23, 2025 | In contract | - | |
| In contract | |||
| Mar 13, 2025 | Relisted | $330,000 | |
| Relisted | |||
| Jan 29, 2025 | In contract | - | |
| In contract | |||
| Jan 15, 2025 | Price Decreased |
$330,000
↓ $22K
(6.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017