229 Sangiovese ST
About This Property
This beautifully designed home features 3 spacious bedrooms, 2 full bathrooms, plus a flexible study/office that can easily serve as a 4th bedroom, making it ideal for today's work-from-home lifestyle. The open-concept kitchen and family room create a warm, inviting space centered around a cozy fireplace with custom built-in shelving and cabinetry, perfect for relaxing nights or hosting guests.
The heart of the home is the large kitchen island with gas cooking, offering plenty of prep space for entertaining, along with both a formal dining room and a sunny breakfast area for everyday living. Step outside and enjoy true Texas living with covered front and back porches plus an extended deck designed for entertaining, all overlooking a beautifully landscaped, low-maintenance backyard. Additional features include gutters, a full sprinkler system, and an oversized garage with extra storage space. Located in the thriving Leander area (EAST FACING), this home offers easy access to major roadways, top employers, shopping, and dining, while still maintaining a peaceful neighborhood feel. You'll love being within walking distance to the community pool and amenities, making it easy to enjoy an active, connected lifestyle. Zoned to Leander ISD and highly regarded Rouse High School, this home combines top-tier education with everyday convenience. If you're looking for a home that offers space, functionality, and a vibrant North Austin suburban lifestyle, this one checks every box.
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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 |
|---|---|---|---|
| Jun 11, 2026 | In contract | - | |
| In contract | |||
| Jun 3, 2026 | Price Decreased |
$465,000
↓ $9K
(1.9%) | |
| Price Decreased | |||
| May 23, 2026 | Price Decreased |
$474,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| May 17, 2026 | Price Decreased |
$484,000
↓ $16K
(3.2%) | |
| Price Decreased | |||
| Apr 21, 2026 | Price Decreased |
$499,900
↓ $15K
(2.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017