2204 High Lonesome
About This Property
The living room features a floor-to-ceiling stone fireplace with stone hearth, and built-in cabinets that flank the fireplace. Oversized windows look out to the covered patio, deck and pool. The kitchen and breakfast area make the living room a truly inviting space for friends and family. An enormous kitchen island seats 4. The kitchen's tile backsplash compliments the granite counters, suite of stainless-steel appliances & excellent upgraded task lighting.
The spacious primary suite looks out to the backyard, and the primary bath has an enormous soaking tub, dual vanities, & rain shower. A huge walk-in closet completes this luxurious suite. Three additional well-proportioned bedrooms and three additional bathrooms add to this excellent floor plan. An office/media room has added soundproofing.
The 3-car garage is wired for a EV charger. Garage storage shelves provide excellent storage. A Generac 26KW whole-house generator and a whole-house surge protector recently added. Roof replaced Fall 2023. The interior painted Mar 2025. One new Carrier HVAC system upgraded Oct '24.
The large backyard features a natural edge pool with waterfall, a covered patio with upgraded Haiku fan, wall mounted TV, a motorized shade, and a gas stub for grilling. The pool deck is also pre-wired for a hot tub. Access the HOA trails via a rear gate directly from the backyard!
Meet your neighbors at the Crystal Falls tennis court, 19th hole pavilion, volleyball area, Grotto pool or walking trails. Located within the highly acclaimed Leander ISD.
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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 |
|---|---|---|---|
| Jul 19, 2025 | In contract | - | |
| In contract | |||
| Jul 10, 2025 | Price Decreased |
$980,000
↓ $45K
(4.4%) | |
| Price Decreased | |||
| Jun 11, 2025 | Price Decreased |
$1,025,000
↓ $165K
(13.9%) | |
| Price Decreased | |||
| Apr 29, 2025 | Price Decreased |
$1,190,000
↓ $20K
(1.7%) | |
| Price Decreased | |||
| Apr 7, 2025 | Listed by Compass RE Texas, LLC | $1,210,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017