4 Crystal Creek TRL
About This Property
Charming and lovingly maintained, this 2-bedroom, 1-bath property is nestled in the picturesque Hill Country and cared for by its original owner. A composite front deck, bedecked by heirloom roses, is perfect for outdoor relaxation. Inside, you'll find fresh paint on every surface, new countertops and sink in the kitchen, and an upgraded shower surround in the bathroom. The home also features new windows and a front door for enhanced efficiency, and a striking American Clay wall accent in one of the bedrooms.
The owners are offering a generous $4800 flooring credit, with a bid in place to replace all flooring with durable, waterproof luxury vinyl plank (LVP). A sliding door leads to a private back patio, ideal for outdoor dining or relaxation. Additionally, a substantial 1000-gallon rainwater tank is included for sustainable living, though it can be removed if the buyer prefers.
Zoned to the highly acclaimed Dripping Springs Independent School District (DSISD), this home is situated in a prime Hill Country location with easy access to local amenities, scenic parks, and vibrant community events. HOA fees include high-speed internet and cable with Spectrum Internet. For just $50 per year, community members can enjoy access to a stunning community pool. This is an incredibly rare opportunity to own a beautiful, upgraded home in a desirable area at an attractive price point.
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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 |
|---|---|---|---|
| Aug 7, 2024 | In contract | - | |
| In contract | |||
| Jun 21, 2024 | Listed by Compass RE Texas, LLC | $289,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017