409 Mangold DR
About This Property
Let's call it what it is-opportunities like this don't come along often.
This upgraded Highland Home in highly sought-after Carmel Creek delivers the space, quality, and floorplan buyers want, now offered at a price that deserves a second look. If you've been waiting for the right combination of square footage, upgrades, location, and value, this may be your moment.
Inside you'll find designer touches throughout, including wood-look tile flooring, wainscoting accents, updated lighting, and the craftsmanship Highland Homes is known for. The gourmet kitchen is built to impress with granite countertops, a massive island, gas cooktop, built-in oven and microwave, subway tile backsplash, stainless appliances, abundant cabinetry, and a walk-in pantry ready for every Costco run imaginable.
Need space? You've got it. The flexible floorplan features both the primary suite and a secondary guest suite downstairs, a dedicated home office with French doors, oversized secondary bedrooms, a large game room upstairs, and a rare Texas basement for exceptional storage.
Out back, enjoy a covered patio, spacious yard, and no rear neighbors-creating the privacy that's becoming harder and harder to find.
Located in Carmel Creek, Hutto's premier master-planned community, residents enjoy a resort-style pool, dog park, sports courts, scenic trails, and convenient access to schools, shopping, dining, SH-130, and major employers.
The reality? Recreating this home with today's construction costs, upgrades, and lot premiums would cost significantly more. This is your chance to secure a premium Highland Home at a value-conscious price.
Short sale. Big opportunity. Schedule your showing before someone else recognizes the deal.
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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 27, 2026 | Price Decreased |
$465,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Aug 7, 2026 | Price Decreased |
$475,000
↓ $15K
(3.1%) | |
| Price Decreased | |||
| Jul 31, 2026 | Relisted | $490,000 | |
| Relisted | |||
| Jun 27, 2026 | In contract | - | |
| In contract | |||
| May 21, 2026 | Price Decreased |
$490,000
↓ $10K
(2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017