3016 Ottawa ST
About This Property
A tenant is in place through May 2027, and the existing lease will transfer to the buyer, offering immediate rental income. Located in highly rated Leander ISD and close to neighborhood amenities, Lake Travis, shopping, and Highway 183.
Bring your offer! The seller is flexible and willing to consider reasonable offers.
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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 |
|---|---|---|---|
| Aug 25, 2026 | Listed by All City Real Estate Ltd. Co | $589,000 | |
| Listed by All City Real Estate Ltd. Co | |||
| Aug 25, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jul 8, 2025 | Price Decreased |
$625,000
↓ $45K
(6.7%) | |
| Price Decreased | |||
| Jun 25, 2025 | Price Decreased |
$669,995
↓ $5K
(0.7%) | |
| Price Decreased | |||
| May 2, 2025 | Listed by Desai Real Estate, LLC | $675,000 | |
| Listed by Desai Real Estate, LLC | |||
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Beautiful and spacious one-story home located in the sought-after Bluffview Reserve community in Leander. This well-maintained property features 4 bedrooms on the main level, an open-concept kitchen and living area, and a bonus upstairs media/TV room with an attached powder room—perfect for movie nights or entertaining. With tasteful upgrades, modern features, and a family-friendly layout, this home is move-in ready. Located in top-rated Leander ISD, with neighborhood amenities including a playscape and sports court. Conveniently located near Lake Travis, major shopping centers, and 183 for easy travelling. This amazing new home is ready for move in - don’t miss your chance to discover one of Leander’s newest communities!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017