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226 Orange Mimosa LN
About This Property
Positioned on one of the premier lots in the neighborhood, on a cul-de-sac block, this home backs directly to a lush private greenbelt, offering a peaceful connection to nature right in your backyard while still being within easy walking distance to the community pool/amenities and Larkspur Elementary.
Larkspur offers a great neighborhood feel, resort-style amenities, a Hill Country setting, Leander ISD schools and great proximity to all of your daily needs for shopping, dining, and entertainment.
The functional four-bedroom layout is designed for both easy daily living and effortless entertaining. On the main level, you'll find a dedicated home office and a formal dining room that lead into an expansive, open-concept great room. This central hub combines the kitchen, living, and breakfast areas, all framed by windows ushering in natural light and serene views of the greenery outside.
The primary suite, also on the first floor, overlooks the lush yard and greenbelt and features a luxurious en-suite bathroom with dual walk-in closets, a glass-enclosed shower, and a separate soaking tub. Upstairs, you'll find a spacious game room, three guest bedrooms, and a full bath.
Step outside to enjoy a spacious backyard with tons of room to run and play. Come discover the great life of Larkspur at 226 Orange Mimosa Lane.
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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 |
|---|---|---|---|
| Aug 2, 2026 | In contract | - | |
| In contract | |||
| Jul 25, 2026 | Relisted | $465,000 | |
| Relisted | |||
| Jul 17, 2026 | In contract | - | |
| In contract | |||
| Jun 25, 2026 | Listed by Compass RE Texas, LLC | $465,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017