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1701 Warwick WAY
About This Property
With over 2,100 square feet, the home features a functional layout designed for both everyday living and entertaining. The primary suite is conveniently located on the main floor, while two additional bedrooms and a spacious upstairs bonus living area provide flexibility for a game room, media room, office, library, playroom, or second living space. The main living area is filled with natural light and highlighted by soaring vaulted ceilings and a cozy fireplace, creating a warm and inviting atmosphere.
The kitchen has been thoughtfully updated with quartz countertops and a new sink, creating a fresh, modern feel while maintaining excellent functionality. Additional recent improvements include interior paint in the primary bedroom and dining room, new carpet (2023), a new water heater (2025), and an EV charger for added convenience.
Outside, the backyard is the true highlight of the property. Your personal grove of mature oak trees creates a beautiful natural canopy, while the patio and outdoor grill area provide an inviting space for gatherings, weekend cookouts, or simply enjoying the peaceful surroundings. Combined with the corner lot location and direct access to trails and green space, the outdoor setting offers a level of privacy and charm that is rarely available at this price point.
Carriage Hills residents enjoy access to community parks, a pool, and highly regarded Leander ISD schools. A rare combination of mature trees, outdoor living, flexible living space, and a prime Cedar Park location. Schedule your private tour today.
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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 14, 2026 | In contract | - | |
| In contract | |||
| Jun 26, 2026 | Listed by Magnolia Realty Round Rock | $395,000 | |
| Listed by Magnolia Realty Round Rock | |||
| Jun 3, 2024 | In contract | - | |
| In contract | |||
| May 28, 2024 | Price Decreased |
$438,500
↓ $6K
(1.4%) | |
| Price Decreased | |||
| May 10, 2024 | Price Decreased |
$444,900
↓ $4K
(0.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017