40
Map
202 Las Colinas DR
About This Property
The side-entry driveway leads to a well-organized garage with Craftsman storage cabinets, while an extended driveway provides extra parking for friends and family. Inside, an inviting entryway opens to a private office or a formal dining room with lovely wainscoting, ideal for hosting dinners or celebrations.
The two-story living room is the heart of the home, with floor-to-ceiling windows that bathe the space in natural light. Warm wood floors, built-in cabinetry, and a travertine stone fireplace create a cozy, welcoming atmosphere. The kitchen is both charming and practical, featuring granite countertops, a spacious island, stainless steel KitchenAid appliances, and white Shaker-style cabinets with remote-controlled lighting. A breakfast nook offers treed backyard views, perfect for enjoying the morning.
The primary suite is a peaceful retreat with a tray ceiling, picture window, and space for a sitting area. The primary bath features a soaker tub, dual vanities, and a spacious walk-in closet. Upstairs, you'll find fun and relaxation spaces, including a game room, media room wired for connectivity, Jack-and-Jill bedrooms, a guest bedroom, and walk-in attic storage.
Beyond the home, the community provides access to a country club restaurant, pool, trails, and a clubhouse-ideal for gathering with neighbors or enjoying outdoor activities. Conveniently located near I-35 and Toll 130, this home offers easy access to all that Greater Austin has to offer. Thoughtful touches like wood floors and a main-level laundry room make this home as practical as it is inviting.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 23, 2025 | Price Decreased |
$675,000
↓ $20K
(2.9%) | |
| Price Decreased | |||
| Dec 12, 2024 | Price Decreased |
$695,000
↓ $20K
(2.8%) | |
| Price Decreased | |||
| Nov 15, 2024 | Listed by Magnolia Realty Round Rock | $715,000 | |
| Listed by Magnolia Realty Round Rock | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017