217 Millington LN
About This Property
This generator-ready property is freshly painted inside and out (2025) and in excellent condition. Located within 1 mile of grocery stores, restaurants, and Starbucks, and about 4.5 miles from SH-45 for quick access to Austin. Set in the Huntington Estates area of Buda, it offers space and privacy with no HOA restrictions. Nearby parks and schools include Carpenter Hill Elementary (1.3 mi), Eric Dahlstrom Middle (0.7 mi), and Johnson High (1.2 mi). Enjoy Texas living with a pool, outdoor kitchen, and plenty of room to relax - all minutes from shopping and commuter routes.
Includes: fenced yard, pool with rock surround and deck, covered patio, outdoor kitchen, indoor workspace, tankless water heater, shed, tree house, water softener, gas cooking, automatic blinds, generator hookup, updated HVAC (2022).
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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 |
|---|---|---|---|
| Dec 4, 2025 | In contract | - | |
| In contract | |||
| Nov 7, 2025 | Listed by Real Broker, LLC | $599,999 | |
| Listed by Real Broker, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017