2720 Rain Song DR
About This Property
Inside the home, a dramatic foyer welcomes you with a sweeping curved staircase, updated designer lighting, and a stunning two-story living room highlighted by floor-to-ceiling windows and custom built-ins. Designed for both entertaining and daily living, the gourmet chef's kitchen features an oversized center island, 42-inch Shaker-style cabinetry with under-cabinet lighting, and an exceptionally large walk-in pantry.
This home offers a highly sought-after floor plan, with both a luxurious primary suite and a private guest suite with a full bath on the main level. Upstairs, you'll find a spacious loft, a built-in homework/study station, two secondary bedrooms connected by a Jack-and-Jill bath, and a third bedroom with access to a nearby full bath.
Additional highlights include a spacious laundry room with a mudroom bench, walk-in attic storage, and an epoxy-coated three-car garage complete with multiple overhead storage racks. Recent improvements include new roof & gutters in September 2025, new carpet throughout in September 2023, smart thermostats, ceiling fans in every bedroom, and built-in speakers in the family room and covered patio.
Experience resort-style living in the Bluffs at Crystal Falls, featuring access to a lap pool, family pool, tennis and pickleball courts, scenic parks, and miles of outdoor recreation. The home is also zoned to highly acclaimed Leander ISD schools, making it an exceptional opportunity for both luxury and lifestyle.
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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.
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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 3, 2026 | Price Decreased |
$875,000
↓ $25K
(2.8%) | |
| Price Decreased | |||
| Jun 18, 2026 | Listed by Kuper Sotheby's Int'l Realty | $899,999 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017