23
Map
3124 Burks LN
About This Property
Four true bedrooms on a single level. The primary suite sits on its own side of the home, completely separated from the three secondary bedrooms. That split layout gives families a quiet primary retreat without sacrificing square footage elsewhere. A dedicated office with its own door adds work-from-home flexibility. At 1,923 square feet, the single-story layout keeps everything accessible without wasted space.
The kitchen is the standout interior feature. White shaker cabinetry, stainless steel appliances including a gas range and French door refrigerator, a pantry, and an open-concept connection to the breakfast nook and living room make this kitchen more competitive than anything else currently active near this price. A wood-burning fireplace anchors the living room, which flows into the formal dining room across hardwood floors throughout the main living areas.
Outside, a large pergola covers a stone patio that opens to one of the most tree-canopied backyards on the street. The 0.18-acre lot features mature oak coverage that keeps the yard green and shaded through the Texas summer. It is the kind of backyard that is easy to enjoy and even easier to maintain.
Zoned to Leander ISD with Steiner Ranch Elementary, Canyon Ridge Middle School, and Vandegrift High School all within the community. John Simpson Park, with its Junior Olympic lap pool and playground, is a short bike ride away. The Lake Club on Lake Austin and 20 miles of hiking and biking trails through Balcones Canyonlands are part of everyday life here. Steiner Ranch is located approximately 18 miles northwest of downtown Austin, with easy access via Ranch to Market Road 2222.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| May 23, 2026 | In contract | - | |
| In contract | |||
| May 14, 2026 | Listed by Keller Williams - Lake Travis | $530,000 | |
| Listed by Keller Williams - Lake Travis | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017