326 Mendocino LN
About This Property
Step through the gated courtyard entry, framed by a stone accent wall and glass door, into an open-concept living space anchored by exposed ceiling beams, high ceilings, and a handsome stone fireplace. Rich wood-plank tile floors run throughout. The kitchen brings upgraded granite countertops, crisp white cabinetry, a center island, and open flow into the dining and living areas, ideal for quiet mornings and easy entertaining. Recent updates include a replaced dishwasher and microwave (under 4 years old).
The primary suite is a true retreat, with a spa-style bath featuring a floor-to-ceiling marble-look tile walk-in shower with bench seating and a spacious walk-in closet. Every bedroom is finished with plantation shutters and luxury vinyl flooring.
Outdoor living is where this home shines. A custom screened-in back porch with a wood-plank ceiling extends the living space, while the private gated courtyard, upgraded and leveled limestone patio, custom limestone sidewalks, and metal-edged gardens create a resort-like feel. Both front and back landscaping are professionally maintained, plus a gated backyard, wrought iron railings, and mature new plantings.
This is genuine lock-and-go living. The HOA handles mowing, irrigation checks, and quarterly treatments, so your weekends stay yours. Belterra amenities include a fitness room, adult and children's pools, pickleball, tennis, basketball, splash pads, playgrounds, and miles of trails, all bordered by peaceful greenbelt.
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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 |
|---|---|---|---|
| Sep 19, 2026 | In contract | - | |
| In contract | |||
| Aug 18, 2026 | Listed by Keller Williams - Lake Travis | $760,000 | |
| Listed by Keller Williams - Lake Travis | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017