Some homes give you a little flexibility. This one gives you
options in nearly every direction, and a pool waiting out back. Set
on an oversized lot in Crystal Falls, this beautifully maintained
home has the space to handle a full house without everyone being on
top of each other. The main living area opens beneath soaring
ceilings, with warm wood floors and a limestone fireplace bringing
character to the room. The kitchen stays connected to both the
living and casual dining areas and features a large granite island,
gas cooking, double ovens, and plenty of cabinetry. A formal dining
room and dedicated office add two more flexible spaces. The
spacious primary suite is located on the main level, along with a
secondary bedroom and full bath, an ideal setup for guests or
Multi-gen living. Upstairs brings even more versatility with an
oversized game room, wet bar, three additional bedrooms, including
one with its own ensuite, and another full bath. The huge three-car
garage gives vehicles, tools, storage bins, and weekend projects
somewhere to go. The home is also equipped with Tesla solar panels,
a Tesla Powerwall, and a Tesla charger. Together, the system
provides backup power capable of running the home during an outage,
while the solar panels can generate enough energy to fully charge
an electric vehicle. It is the kind of behind-the-scenes upgrade
that brings greater energy independence and some very real peace of
mind. Outside, multiple patios wrap around the pool, creating
separate spots for lounging. Crystal Falls residents enjoy two
resort-style amenity centers, pools, parks, playscapes, sports
courts, scenic trails, fishing ponds, disc golf, and a public golf
course. Highly rated Winkley Elementary sits at the end of the
street, with easy access to 183, the Capital Metro Leander Station,
and Lake Travis. Plenty of house, plenty of backyard, and
absolutely no shortage of ways to use it.
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.
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