367 Elephant Island LOOP
About This Property
This stunning two story home captures attention with soaring ceilings in the entry and family room and abundant natural light from oversized windows. The first floor includes a spacious primary suite for privacy and convenience, while upstairs features three secondary bedrooms and a large game room with its own closet for storage or games. The open concept design showcases a gourmet kitchen with built in stainless steel appliances, a gas cooktop, quartz countertops, modern cabinetry, and a center island with a bartop overhang that flows into the family room, creating the perfect space for entertaining. Elegant finishes and thoughtful design continue throughout with wood look vinyl flooring in the main living areas, durable construction, and abundant storage. Designed with comfort and efficiency in mind, this home features radiant barrier roof decking, low E double pane windows, R 15 wall insulation, R 49 blown in attic insulation, a high efficiency HVAC with programmable thermostat, a tankless water heater, PEX plumbing, and LED lighting for long term savings. The private backyard offers a covered patio overlooking scenic ranchland, perfect for outdoor dining or quiet relaxation.
Located just south of Austin, Crosswinds offers easy access to I 35, making commutes to Austin or San Marcos simple while keeping you close to local shopping, dining, and entertainment. Combining style, efficiency, and location, this home captures the best of Crosswinds living.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Feb 4, 2026 | In contract | - | |
| In contract | |||
| Jan 23, 2026 | Price Decreased |
$359,999
↓ $15K
(4%) | |
| Price Decreased | |||
| Nov 27, 2025 | Price Decreased |
$374,999
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Nov 20, 2025 | Price Decreased |
$379,999
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Oct 11, 2025 | Listed by Outlaw Realty | $389,999 | |
| Listed by Outlaw Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017