1612 Devine Lake BND
About This Property
Like-new condition. This stunning 2025-built home offers 4 bedrooms, 3 full bathrooms, and 2,356 square feet of thoughtfully designed living space on an oversized 0.20-acre lot. Backing directly onto a peaceful pond, the property offers exceptional privacy and scenic views rarely found in the area. The open-concept floor plan features spacious living and dining areas, a modern kitchen, and a flexible layout ideal for families, guests, or working from home. Conveniently located near shopping, dining, parks, and major commuter routes in the rapidly growing Leander 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 |
|---|---|---|---|
| Jul 11, 2026 | In contract | - | |
| In contract | |||
| Jun 20, 2026 | Listed by REAL INTERNATIONAL BROKERAGE LLC | $459,900 | |
| Listed by REAL INTERNATIONAL BROKERAGE LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017