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3607 Latimer DR
About This Property
The home has been beautifully refreshed with intentional upgrades throughout. In 2020, the kitchen was opened up to create a more seamless flow into the main living areas, enhancing both everyday living and entertaining. The remodeled kitchen features real walnut countertops and a custom coffee area that add warmth and character, complemented by updated appliances and new flooring installed throughout the home the same year. What was once a formal living area has also been enclosed to create a more functional flex room. Additional recent updates continue throughout the home, including floating shelves, fresh exterior paint, newly painted primary bathroom and trim throughout.
Natural light fills the inviting living spaces, while the backyard offers usability and privacy. The fully fenced yard backs to a wooded area with no neighbors directly behind. It's an ideal setting for relaxing, entertaining, or simply enjoying the peaceful Hill Country surroundings.
Conveniently located near Lake Austin, scenic trails, parks, golf courses, shopping, and dining, and zoned to acclaimed Leander ISD, this is a unique opportunity in the heart of Steiner Ranch!
All information deemed reliable but not guaranteed; buyer and buyer's agent to verify all pertinent information, including but not limited to square footage, permits, schools, and property zoning.
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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 |
|---|---|---|---|
| Aug 7, 2026 | Price Decreased |
$500,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Jul 17, 2026 | Price Decreased |
$505,000
↓ $20K
(3.8%) | |
| Price Decreased | |||
| Jun 12, 2026 | Price Decreased |
$525,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| May 14, 2026 | Listed by Bramlett Partners | $535,000 | |
| Listed by Bramlett Partners | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017