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16201 Mones LN
About This Property
This beautiful property features three spacious bedrooms and two full bathrooms, offering ample room for everyone. The expansive 2,343 square feet of living space is intelligently laid out across one level, ensuring ease of access and a seamless flow throughout the home. Situated on a generous 0.2-acre lot, the outdoor areas provide a wonderful extension of the indoor living, perfect for enjoying the Texas sunshine. The property's location in Leander offers convenient access to local amenities, recreational opportunities, and a welcoming neighborhood environment.
Embrace the unique appeal of this Leander gem, where every detail contributes to a comfortable and engaging lifestyle. The well-appointed interiors are complemented by a desirable exterior, creating a true haven for its residents. This home provides an ideal setting for creating lasting memories, making it a perfect choice for those seeking a balance of tranquility and community engagement.
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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 | Price Decreased |
$369,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Jul 20, 2026 | Listed by Keller Williams Realty C. P. | $379,000 | |
| Listed by Keller Williams Realty C. P. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017