16608 MARCELLO DR
About This Property
The landscaped yard includes a covered front porch, large covered back porch, and a custom pavestone patio with afternoon shade. The home also has an automatic sprinkler system, a garage with water loop for filtration system, and dual water heaters.
Located in the Sorento Subdivision across from Lake Pflugerville and its park, amenities include a pool, clubhouse, gym, playground, trails, and green space one house away. The area offers access to Toll 130, Toll 45, and FM 973. Nearby are HEB, Baylor Scott & White Hospital, Stone Hill Town Center, FM 685 retail, and Heritage Lakes Senior Living. Major employers nearby include Samsung, Amazon, FedEx, and Tesla. Airports (Austin Executive, Austin Bergstrom, and Taylor) are 10–25 minutes away.
Refrigerator and Washer/Dryer INCLUDED with the sale!
Clients responsibility to confirm HOA fee, schools and taxes for this home.
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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 |
|---|---|---|---|
| May 20, 2025 | In contract | - | |
| In contract | |||
| May 13, 2025 | Listed by Austin Discount Realty | $499,000 | |
| Listed by Austin Discount Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017