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16839 Luckenwald DR
About This Property
Prime opportunity in Cat Hollow backing to a private greenbelt and zoned to highly acclaimed Round Rock ISD. The home features an open layout with high ceilings, large windows, and a highly upgraded kitchen with luxurious finishes and thoughtful design. The main level also includes a fireplace, breakfast area, formal dining, flex space, and half bath.
Upstairs, the oversized primary suite includes a private office/flex room with French doors and an ensuite bath with dual vanities, soaking tub, separate shower, and large walk-in closet. The flex room can also be closed off and used as a fourth bedroom. Two additional bedrooms are spacious with generous closets and share a full bath.
The backyard features a large deck and backs to a greenbelt, offering privacy and space for outdoor entertaining.
Major upgrades already completed: New roof (2024) with high-quality shingles and transferable warranties. The HVAC system was replaced in 2022 with a high-efficiency Carrier Infinity variable-speed system, including a variable-speed compressor, variable-speed furnace, Infinity smart thermostat, upgraded filtration, and sealed ductwork. The home also includes a newer water softener (2023) and reverse osmosis system in the kitchen.
Cat Hollow residents enjoy access to community amenities including a pool, trails, parks, playgrounds, and sports courts. Conveniently located near H-E-B, Costco, St. David's Round Rock Medical Center, and major highways including I-35, TX-45, Mopac, and TX-79.
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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%.
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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 |
|---|---|---|---|
| Mar 30, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Listed by KWLS - T. Kerr Property Group | $479,000 | |
| Listed by KWLS - T. Kerr Property Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017