2216 Normandy VW
About This Property
The natural elevation of the property rewards homeowners with breathtaking panoramic views of the Texas Hill Country landscape, creating an inspiring backdrop for your future home. As the sun sets, the lot is bathed in magnificent golden hour light, providing a daily show of nature's artistry. The property overlooks a lush and expansive protected greenbelt.
This pristine homesite sits in a well-established residential area known for its quality custom homes and strong sense of community. The property's generous dimensions and thoughtful layout provide ample space for creating an outdoor oasis, whether you envision a resort-style pool, expansive gardens, or entertainment areas. Perfect for discerning buyers who appreciate the value of choosing their own design elements, this lot presents an unprecedented opportunity to build exactly what you want, where you want it.
Located in Leander ISD, this Travisso custom lot for sale offers a wide array of amenities including clubhouse, resort-style swimming pools, playgrounds, tennis courts and trails with an active community of fitness classes and planned social activities.
The combination of location, panoramic views, and natural features makes this property an exceptional choice for your future dream home.
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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 |
|---|---|---|---|
| Jan 19, 2025 | Price Decreased |
$499,000
↓ $51K
(9.3%) | |
| Price Decreased | |||
| Jan 9, 2025 | Relisted | $550,000 | |
| Relisted | |||
| Dec 29, 2024 | In contract | - | |
| In contract | |||
| Dec 28, 2024 | Listed by eXp Realty, LLC | $550,000 | |
| Listed by eXp Realty, LLC | |||
| Feb 9, 2024 | Delisted | - | |
| Delisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017