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2116 Mar Vista LN
About This Property
Experience modern Texas living in this beautifully upgraded one-story Coventry home, offering 4 bedrooms, 3 full baths, and a private office across 2,820 sq. ft. of open, sun-filled space.
Step inside to find elegant wood-look flooring, wide sliding glass doors, and a seamless flow between the kitchen, dining, and living areas. The gourmet kitchen features a large quartz island, ceiling-height cabinetry, stainless vent hood, and a hidden working kitchen with a walk-in pantry - perfect for keeping the main space clean and guest-ready.
The bay-window dining area bathes in natural light, while the spacious living room invites gatherings and everyday comfort. The primary suite offers a tranquil retreat with a bowed window, a spa-style bathroom with dual vanities, marble-look tile to the ceiling, and a frameless walk-in shower.
Step outside to a covered patio prepped for an outdoor kitchen, ideal for weekend barbecues or quiet evening dinners under the Texas sky.
Additional highlights include upgraded laminate flooring in all bedrooms, full interior repaint, a complete water softener and filtration system, and a laundry room pre-plumbed for a sink or pet wash.
With over $130,000 in design and post-purchase upgrades, this home blends elegance, functionality, and comfort - offering the perfect balance of style and livability in Leander's desirable Palmera Ridge community.
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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 |
|---|---|---|---|
| May 14, 2026 | In contract | - | |
| In contract | |||
| Mar 19, 2026 | Price Decreased |
$659,000
↓ $31K
(4.5%) | |
| Price Decreased | |||
| Mar 6, 2026 | Price Decreased |
$690,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
| Jan 2, 2026 | Price Decreased |
$695,000
↓ $30K
(4.1%) | |
| Price Decreased | |||
| Oct 20, 2025 | Listed by MRG Realty | $725,000 | |
| Listed by MRG Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017