237 Driftwood LN
About This Property
Additional upgrades include permanent exterior lighting, a whole-home water softener, in-wall pest control system, custom blinds, dog door, stainless steel refrigerator, XL capacity washer, and dryer.
Enjoy an active lifestyle with community amenities including a pool with on-site attendant, playground, golf-cart-friendly streets, scenic walking trails, and access to the Colorado River. Conveniently located within walking distance of Walmart, directly across from H-E-B Plus!, and just minutes from Lake Bastrop, downtown Bastrop, shopping, Tesla, and Austin. This home offers the perfect blend of comfort and convenience.
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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 |
|---|---|---|---|
| Jun 18, 2026 | Listed by LPT Realty LLC - Ascend Group | $325,000 | |
| Listed by LPT Realty LLC - Ascend Group | |||
| May 16, 2026 | Withdrawn | - | |
| Withdrawn | |||
| May 7, 2026 | Price Decreased |
$329,000
↓ $10K
(3%) | |
| Price Decreased | |||
| Mar 26, 2026 | Price Decreased |
$339,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Feb 26, 2026 | Price Decreased |
$349,000
↓ $6K
(1.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017