411 Leo LN
About This Property
Inside, the open-concept design connects the kitchen and living area, creating a comfortable setting for everyday living and entertaining. The kitchen features recessed lighting, abundant counter space, and a refrigerator that conveys. A separate study with glass French doors is perfect for a home office, flex room, or additional living space. Ceiling fans throughout add comfort, and the home is wired for a security system for added convenience.
The primary suite features a tray ceiling, spacious walk-in closet, dual vanity, separate soaking tub, and walk-in shower. Two additional bedrooms and a second full bath provide flexibility for family, guests, or additional workspace.
Recent improvements add even more value, including an updated HVAC system, water heater, and new fencing. Enjoy the outdoors from both the covered front porch and covered back patio, with a spacious yard offering plenty of room for relaxing, pets, or entertaining.
Conveniently located near shopping and Highway 195, with easy access to Fort Cavazos (Fort Hood), Georgetown, and the greater Austin metro area. This home combines a functional floor plan, valuable updates, generous outdoor space, and a convenient Central Texas location.
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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%.
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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 15, 2026 | Listed by Coldwell Banker Apex | $238,700 | |
| Listed by Coldwell Banker Apex | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017