2506 Highland TRL
About This Property
Inside, custom blinds accent every window, and the functional layout includes a dedicated home office plus an additional flex space ideal for a playroom, gym, or second living area. A well-appointed laundry room and mud room add everyday convenience, featuring custom cabinetry and a sink for added functionality. The chef-style kitchen is a true centerpiece, boasting a large center island, stainless steel appliances, and stunning dark wood custom cabinetry. The open living area is filled with natural light from oversized windows and anchored by a cozy fireplace, creating an inviting space for everyday living and entertaining.
The private primary suite offers a peaceful retreat with a spacious walk-in closet, dual vanities, a relaxing soaking tub, and a walk-in glass shower. Step outside to an oversized backyard with a covered back patio-perfect for outdoor dining, relaxing, or hosting gatherings.
Residents enjoy amenities galore, including multiple pools, disc golf, scenic walking paths and trails, pickleball/tennis court, and more, all within one of Leander's most sought-after communities.
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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 |
|---|---|---|---|
| Feb 3, 2026 | In contract | - | |
| In contract | |||
| Jan 15, 2026 | Listed by Mallach and Company | $549,900 | |
| Listed by Mallach and Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017