381 Catalina LN
About This Property
The journey to this home begins with an inviting, exposed aggregate driveway, leading you to a residence that harmoniously blends with its natural surroundings. Its unique positioning allows for a rear view of a lush green space with an adjacent dedicated green space to the right of the home, enhancing the lot's charm and privacy. The extended, elevated brick patio is perfect for outdoor relaxation among these tranquil views.
As you step inside, you'll see that the heart lies in the spacious family room, which features an impressive floor-to-ceiling stone fireplace that sets a cozy and welcoming tone. The seamlessly connected kitchen features a large center island that doubles as a practical workspace and a breakfast counter. This open layout is perfect for hosting gatherings.
The extended primary suite offers a spacious retreat with an expansive attached bath featuring a large soaking tub, walk-in shower, dual sinks, and a large walk-in closet. The thoughtful floor plan also includes two additional bedrooms, another full bath, a half bath, and a dedicated office at the front of the home, ensuring privacy for work or study.
Belterra is not just about beautiful homes; it's about embracing a lifestyle. The community offers amenities like an elementary school, parks, fitness and recreation centers, and trails. Belterra Village, HEB Grocery Store, and various local wineries and breweries are close, and downtown Austin and the airport are just a 40-minute drive away.
An invitation to experience the best of both worlds: the Texas Hill Country's tranquility and city life's convenience. It's not just a place to live; it's a place to cherish and call home.
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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 |
|---|---|---|---|
| Mar 14, 2024 | In contract | - | |
| In contract | |||
| Mar 5, 2024 | Price Decreased |
$620,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Jan 31, 2024 | Listed by Compass RE Texas, LLC | $630,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017