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2260 Fernspring DR
About This Property
The private primary suite offers a serene retreat, complete with a spacious bathroom and a walk-in closet with built-in features, ensuring relaxation and organization. Additional bedrooms provide remarkable flexibility for family, guests, or a dedicated home office. Step outside to a lovely backyard, perfect for relaxing, grilling, or entertaining. Residents of Lake Forest enjoy exceptional neighborhood amenities, including multiple pools, parks, playgrounds, sports courts, walking trails, and community green spaces.
Strategically located just minutes from highly-rated Round Rock ISD schools, vibrant parks, extensive walking trails, diverse shopping, acclaimed restaurants, top-tier medical facilities, and major employers such as Dell, Samsung, Tesla, and Apple. Quick access to IH-35, SH-45, and SH-130 makes commuting throughout the Austin metro area effortlessly easy. Nearby attractions include the Kalahari Resort, Dell Diamond, Old Settlers Park, and Round Rock Premium Outlets.
Property is part of Brushy Creek WCID.
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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 |
|---|---|---|---|
| Sep 20, 2026 | In contract | - | |
| In contract | |||
| Aug 30, 2026 | Price Decreased |
$675,000
↓ $20K
(2.9%) | |
| Price Decreased | |||
| Aug 2, 2026 | Price Decreased |
$695,000
↓ $20K
(2.8%) | |
| Price Decreased | |||
| Jun 26, 2026 | Listed by Twelve Rivers Realty | $715,000 | |
| Listed by Twelve Rivers Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017