36
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2201 DRUE LN
About This Property
The beautifully updated kitchen opens seamlessly to the living spaces and is designed for gathering, with sleek cabinetry, modern fixtures, and generous prep and dining space. Two separate living areas provide flexibility for relaxing, hosting guests, or creating a media room, playroom, or home office setup.
Upstairs, all four bedrooms are generously sized, offering comfort and privacy for family and guests alike. The spacious primary suite is filled with natural light and serves as a true retreat, complete with a spa-inspired en suite bath featuring a stunning soaking tub, oversized walk-in shower, dual vanities, and elevated modern finishes.
Outside, mature trees and large windows bring a peaceful connection to the outdoors while maintaining privacy and tranquility.
Ideally located in Cedar Park, this home offers convenient access to top-rated schools, parks, shopping, dining, and major commuter routes including 183 and 45 Toll. Enjoy being just minutes from local favorites, entertainment, and everything the North Austin area has to offer while still enjoying the comfort of an established neighborhood setting.
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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 |
|---|---|---|---|
| May 22, 2026 | In contract | - | |
| In contract | |||
| May 11, 2026 | Listed by Compass RE Texas, LLC | $449,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017