2617 Milan Meadows DR
About This Property
Designed for comfort and entertaining, the open-concept floor plan features 3 bedrooms, 2 bathrooms, and a versatile office with French glass doors that can easily serve as a media room, playroom, or potential fourth bedroom. Rich engineered wood flooring, custom interior paint, plantation shutters, designer drapery, and custom roller shades create an elegant, cohesive design throughout. The gourmet kitchen boasts a large granite island, gas cooktop, premium GE Profile appliances including an Advantium Speed Oven, Whirlpool dishwasher, LG refrigerator, stainless steel sink, abundant cabinetry, and generous prep space. An expansive sliding glass door seamlessly connects the living room to the oversized covered patio featuring ceiling fans and custom motorized exterior roller shades. Your private backyard retreat showcases a heated Anthony & Sylvan pool with tanning ledge, multiple entertaining areas, greenbelt privacy, and spectacular Hill Country views that create an unforgettable backdrop for everyday living and entertaining. Additional upgrades include a NEW GAF Timberline HDZ roof (May 2026), Nest Learning Thermostat, RGF REME HALO whole-home air purification system, water softener, Schlage smart lock (new in box), garage keypad entry, and a large entertainment center that conveys. Residents enjoy Travisso's award-winning amenities, resort-style pool, fitness center, scenic hiking trails, parks, and highly acclaimed Leander ISD schools.
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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%.
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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 | Price Decreased |
$725,999
↓ $24K
(3.2%) | |
| Price Decreased | |||
| Jul 12, 2026 | Price Decreased |
$749,999
↓ $25K
(3.2%) | |
| Price Decreased | |||
| Jun 2, 2026 | Listed by TEAM HARRIS REAL ESTATE GROUP, LLC | $774,999 | |
| Listed by TEAM HARRIS REAL ESTATE GROUP, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017