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2316 Lasso DR
About This Property
Additional highlights include a new roof installed in 2023, no carpet throughout the home, a 2-car attached garage, and no HOA.
Conveniently located just 25 minutes from Downtown Austin and just minutes from Dell, this home offers easy access to I-35, Highway 79, SH-45 Toll, and FM 620. Enjoy a neighborhood park within walking distance featuring tennis courts, a playground, gazebo, and walking trails. As an added bonus, the refrigerator, washer, and dryer all convey with the 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 |
|---|---|---|---|
| Sep 11, 2026 | In contract | - | |
| In contract | |||
| Aug 25, 2026 | Relisted | $290,000 | |
| Relisted | |||
| Aug 22, 2026 | In contract | - | |
| In contract | |||
| Aug 13, 2026 | Listed by Compass RE Texas, LLC | $290,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017