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2137 Spokane DR
About This Property
Step inside to soaring ceilings, luxury vinyl plank flooring, and an abundance of natural light that creates a bright, inviting atmosphere. Just off the entry, a dedicated study with double doors provides the ideal space for a home office, library, or creative studio. The open-concept kitchen serves as the heart of the home, showcasing quartz countertops, stainless steel appliances, a striking herringbone tile backsplash, and seamless flow into the living and dining areas-perfect for both everyday living and entertaining.
The main-level primary suite offers a private retreat with a spacious walk-in closet, dual vanities, a walk-in shower, and a relaxing garden tub. Upstairs, three additional bedrooms share a full bathroom and are complemented by a generous flex room that can easily serve as a media room, game room, fitness space, or second living area.
Step outside to a covered patio overlooking a spacious backyard-a blank canvas ready for your dream outdoor living space, garden, or play area.
Ideally located in the Cedar Brook community, this home offers convenient access to major highways, making travel to Cedar Park, Round Rock, and the greater Austin area simple. Shopping, dining, parks, and everyday conveniences are all just minutes away. As an added bonus, the refrigerator, washer, dryer, water softener, and Pure Water filtration system all convey, making this home truly move-in ready.
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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 |
|---|---|---|---|
| Sep 5, 2026 | Price Decreased |
$427,000
↓ $8K
(1.8%) | |
| Price Decreased | |||
| Aug 23, 2026 | Price Decreased |
$435,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Aug 7, 2026 | Listed by Redfin Corporation | $440,000 | |
| Listed by Redfin Corporation | |||
| Jul 16, 2025 | In contract | - | |
| In contract | |||
| Jun 25, 2025 | Price Decreased |
$439,990
↓ $5K
(1.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017