16325 Rockies Run SMT
About This Property
Spanning 4 bedrooms and 3.5 baths, plus double offices or the option for a fifth bedroom, this spacious layout ensures everyone has their own retreat. Additionally, a media room and large flex area provide ample space for entertainment and relaxation.
From almost every window, indulge in breathtaking views of the picturesque hill country, creating a tranquil ambiance throughout the home. Step outside to your backyard oasis, which backs up to a primitive nature preserve with scenic walking trails, perfect for nature lovers and outdoor enthusiasts. With an abundance of space to install a pool, create a garden paradise, or simply design an outdoor entertainment area, this generous backyard provides the canvas for your imagination to flourish. Soak in sunset views each evening from the privacy of your oversized covered patio.
Conveniently located in the highly sought-after school district of Lake Travis ISD and just minutes away from the Falconhead Golf course with an abundance of restaurants and shopping at your fingertips.
Don't miss your chance to call this stunning property home-it offers plenty of room for everyone and everything, making it the perfect place to create lasting memories.
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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 |
|---|---|---|---|
| Jun 12, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Listed by Keller Williams - Lake Travis | $998,000 | |
| Listed by Keller Williams - Lake Travis | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017