12
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21606 Cardinal Ave
About This Property
Spanning 0.41 acres, the expansive natural landscape features a rugged natural terrain. The property hosts a blend of natural desert vegetation, native cactus, and mature trees, creating an inviting, authentic Texas environment.
The property features views of trees, woods, and pastureland, bringing a tranquil feel to the entire setting. With its natural native vegetation and gently sloping clearing, this scenic rural acreage is surrounded by the beauty of the outdoors under wide blue skies.
Positioned in Leander, this property provides a unique opportunity to build your dream home in a tranquil countryside setting. Contact us today to explore this incredible landscape and begin planning your future.
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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 26, 2026 | Listed by All City Real Estate | $80,000 | |
| Listed by All City Real Estate | |||
| Jun 25, 2024 | In contract | - | |
| In contract | |||
| Jun 19, 2024 | Relisted | $59,000 | |
| Relisted | |||
| Jun 12, 2024 | In contract | - | |
| In contract | |||
| May 31, 2024 | Price Decreased |
$59,000
↓ $11K
(15.7%) | |
| Price Decreased | |||
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About Highland Lake Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017