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3635 Pine Needle CIR
About This Property
The backyard is a standout feature, designed to function as an extension of the home throughout the year. A low-maintenance Cowboy Pool with new pump is surrounded by an extended patio, covered gazebo with retractable marine-grade canopy, built-in grilling station, mature shade trees, lush lawn, fruit trees, edible herbs, solar screens, and professionally designed Texas-native landscaping. The combination of covered and open-air spaces provides multiple areas for dining, entertaining, grilling, gardening, and relaxing outdoors. The oversized backyard offers exceptional room for entertaining, play, pets, and outdoor living, a combination of usable yard space and amenities rarely found on other lots within the community.
Inside, soaring ceilings create an impressive sense of space in the main living area, complemented by a fireplace and open-concept kitchen with granite countertops, abundant cabinetry, center island, and breakfast area. Upstairs features three additional bedrooms, a game room/second living area, and oversized storage.
Located in highly sought-after Village at Mayfield Ranch with convenient access to Round Rock, Cedar Park, Georgetown, and North Austin. Nearby destinations include H-E-B, Costco, IKEA, Round Rock Premium Outlets, Dell Diamond, Kalahari Resort, restaurants, shopping, and entertainment. Quick access to FM 1431, I-35, SH-45, and 183 provides connectivity to Dell, Apple, and major North Austin employment centers. Community amenities include a pool, playground, trails, and green spaces, all within highly regarded Round Rock ISD.
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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 14, 2026 | In contract | - | |
| In contract | |||
| Aug 11, 2026 | Price Decreased |
$539,000
↓ $11K
(2%) | |
| Price Decreased | |||
| Jun 22, 2026 | Listed by eXp Realty, LLC | $549,900 | |
| Listed by eXp Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017