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3508 Laurel Bay LOOP
About This Property
Recently updated with stylish, wide-plank wood flooring downstairs and designer lighting throughout, the home features formal living and dining, breakfast and great rooms, and two full baths plus powder room. A dedicated office, a sunroom, and a bonus room enhance the home's flexibility. With an irresistible pool and manicured yard, the home offers the perfect environment for every member of a busy household to work, play and thrive.
The heart of the home is the sunlit great room, which features both a contemporary gas fireplace and a wall of windows looking to the private, shimmering pool. The back yard is ideal for a garden, a playscape, or a game of fetch. The three-car garage provides space for all the cars and toys.
All four bedrooms and a bonus room are upstairs. The spacious primary suite has a sitting area and a spa-like bath with tub and separate shower, two vanities, and plenty of storage including two walk-in closets. Each secondary bedroom has a walk-in closet as well.
The home is part of Vista Oaks, a popular subdivision in west Round Rock. This residence feeds to sought-after Leander ISD schools with several private schools also available nearby. Community amenities include pools, playgrounds, sport courts and walking trails. Just a mile away, the Southwest Williamson County Regional Park offers a stadium, a 400-meter track, multiple ball fields, sport courts, hike and bike trails, and more. Apple, IBM and Dell are among the major tech employers close by. Top hospitals in the area include St. David's and the north campus of Dell Children's. Major highways are easily accessible and popular shopping, dining and entertainment are minutes away at the Lakeline Mall and the HEB Center. Vista Oaks is roughly 18 miles from Austin's upscale Domain and roughly 30 miles from downtown Austin.
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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 |
|---|---|---|---|
| Apr 4, 2025 | In contract | - | |
| In contract | |||
| Mar 20, 2025 | Price Decreased |
$715,000
↓ $20K
(2.7%) | |
| Price Decreased | |||
| Mar 8, 2025 | Listed by Kuper Sotheby's Int'l Realty | $735,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 30, 2021 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017