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402 Split Oak DR
About This Property
Recent improvements include a roof replacement (2021, hail-related), HVAC system (2022), new fencing (2022), and artificial turf in the front yard (2022), helping reduce future expenses. Inside, you'll find fresh interior paint, updated light fixtures, recently installed blinds, and no carpeting throughout, providing a clean, modern feel that is easy to maintain.
The open-concept living area features a cozy fireplace and flows seamlessly into the kitchen, creating an ideal space for relaxing or entertaining. The kitchen includes quartz countertops, built-in oven, electric range, center island, and breakfast bar.
The spacious primary suite offers a private retreat with wood flooring, dual vanities, soaking tub, and separate walk-in shower. Secondary bedrooms provide flexibility for guests, family, or a home office.
Enjoy outdoor living with a covered front porch, backyard patio, storage shed, and fully fenced yard. The home backs directly to the Heritage Loop Trail, offering convenient access to walking and biking paths connecting to local parks, schools, community pool, and nearby amenities.
Conveniently located near Stone Hill Town Center with shopping, dining, and entertainment, and easy access to SH 130 and SH 45 for commuting to Austin and surrounding areas. Voluntary HOA. This well-cared-for home offers an outstanding opportunity for buyers ready to step into homeownership.Tenant occupied on month-to-month lease; notice to vacate has been given.
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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 |
|---|---|---|---|
| Mar 3, 2026 | In contract | - | |
| In contract | |||
| Feb 24, 2026 | Price Decreased |
$378,000
↓ $7K
(1.8%) | |
| Price Decreased | |||
| Feb 14, 2026 | Listed by Team West Real Estate LLC | $385,000 | |
| Listed by Team West Real Estate LLC | |||
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About Saxony
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017