23224 Nameless RD
About This Property
Inside, you'll find approximately 2,600 square feet of beautifully designed living space featuring an open-concept floor plan with abundant natural light, three spacious bedrooms, three and a half bathrooms, a generous dining area, and a large chef's kitchen complete with an oversized walk-in pantry-perfect for entertaining or everyday living. Please note, the dishwasher is not located in the main kitchen. It has been thoughtfully relocated to the upgraded pantry, which now functions as a scullery.
Step outside and experience what makes this property truly special. Enjoy a resort-style pool with an expansive deck, creating your own private backyard oasis for relaxing or hosting friends and family. Equestrian enthusiasts will appreciate the horse stables and fenced acreage, while the charming garden and room for goats, horses, or other animals offer the freedom to embrace the ranch lifestyle you've always dreamed of.
Whether you're sipping your morning coffee overlooking the pasture, tending to the garden, cooling off by the pool, or watching the sunset over your acreage, this property offers a rare opportunity to enjoy the best of Hill Country living all while remaining just minutes from the conveniences of Leander.
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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 |
|---|---|---|---|
| Oct 20, 2026 | Price Decreased |
$860,000
↓ $29K
(3.3%) | |
| Price Decreased | |||
| Sep 25, 2026 | Price Decreased |
$889,000
↓ $10K
(1.1%) | |
| Price Decreased | |||
| Jul 31, 2026 | Listed by Christies Intl Real Estate Lone Star | $899,000 | |
| Listed by Christies Intl Real Estate Lone Star | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017