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3419 Cowden DR
About This Property
The primary suite feels luxurious with bay window seating, 10'+ beamed ceilings, and motorized blinds. The ensuite includes a freestanding tub, large multi-head shower, marble mosaic tile, and a wall of custom cabinetry. A dedicated media room is wired for surround sound and includes a projector and two TVs. Four additional bedrooms and three updated full baths provide space for family or guests.
Designed for connection and play, the backyard includes a heated pool and spa, outdoor kitchen with built-in grill (1.5 years old), play structure, fresh landscaping, and a private gate leading to 20+ miles of hike and bike trails. An air-conditioned shed has been converted into a home gym with mirrors.
Additional upgrades include new Andersen front-facing windows, Ecobee smart thermostat, Goodman 3-ton HVAC, Tesla charger, water softener, reverse osmosis, and pool safety fence. Steiner Ranch offers top-rated schools, parks, pools, lake access, sports courts, and vibrant community amenities-just steps from John Simpson Park and minutes from Lake Austin, Lake Travis, shopping, and dining. For more info, go to: https://wkf.ms/44YH9f8
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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 |
|---|---|---|---|
| Sep 12, 2025 | In contract | - | |
| In contract | |||
| Sep 3, 2025 | Price Decreased |
$900,000
↓ $15K
(1.6%) | |
| Price Decreased | |||
| Aug 7, 2025 | Price Decreased |
$915,000
↓ $35K
(3.7%) | |
| Price Decreased | |||
| Jul 25, 2025 | Listed by Compass RE Texas, LLC | $950,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017