360 Mendocino LN
About This Property
The open-concept living, dining, and kitchen area features wood-look tile flooring, exposed beams, built-in shelving, and an upgraded fireplace. The kitchen includes double-row glass-front cabinetry with lighting, a stainless vent hood, oversized island, pantry, and built-in beverage fridge. The private primary suite is separated from the secondary bedrooms and offers dual vanities, a frameless walk-in shower, a large walk-in closet, and a custom closet system upgrade valued at $5,100.
An oversized courtyard with outdoor fireplace creates an additional living space between the main home and casita, while the screened back patio ($4553.68 value) overlooks the greenbelt for added privacy and year-round outdoor use.
Additional features include custom blackout and sun shades throughout ($2,886 value), a built-in mudroom-style bench and storage area, dedicated laundry room with cabinetry, epoxy garage flooring, ($1,062 value) and HOA-maintained front and back lawn care for an easy lock-and-leave setup. The HOA also covers landscaping maintenance, making this one of the most turnkey options in Southwest Austin.
Residents enjoy access to Belterra amenities including pools, parks, trails, playgrounds, sport courts, and pavilion space
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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 |
|---|---|---|---|
| May 31, 2026 | In contract | - | |
| In contract | |||
| May 20, 2026 | Listed by Keller Williams - Lake Travis | $665,000 | |
| Listed by Keller Williams - Lake Travis | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017