32
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416 Deerpath ST
About This Property
The 8-foot glass and wood entry door and long foyer makes a warm first impression and leads you into the heart of the home. A spacious open-concept kitchen, dining, and family room that's perfect for everyday living or entertaining guests. The gorgeous wood plank flooring add a nice touch. The kitchen is a true showstopper, boasting quartz countertops, a unique diamond-shaped island, and stainless-steel appliances (gas stove). Large windows flood the family room with natural light, creating a seamless connection to the covered patio and backyard. Tucked away for privacy, the primary suite is generously sized and offers a tranquil retreat with a large walk-in shower, separate tub and an expansive walk-in closet. The smart home features include smart light switches, a Honeywell thermostat and video doorbell. Upgrades you'll love: this home comes with a whole-home water softener and reverse osmosis system (a $7,000 value), and a almost brand-new refrigerator, washer, and dryer-all included. Move-in ready and designed for today's lifestyle, this home has everything you need from day one. The builder has two series in this community, the Legacy Series and a more affordable series of homes. This home is the Legacy Series (higher priced series). Located near Hero Way and Lakeline, you are close to dining and about 3 miles to HEB Plus and the Leander Metro train station. Amenities include a pool and playground. Low tax rate of 2.0225. *1% interest rate reduction for the first year with our preferred lender*
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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 |
|---|---|---|---|
| Jan 24, 2026 | In contract | - | |
| In contract | |||
| Dec 6, 2025 | Price Decreased |
$409,900
↓ $15K
(3.5%) | |
| Price Decreased | |||
| Sep 26, 2025 | Listed by Spyglass Realty | $424,900 | |
| Listed by Spyglass Realty | |||
| Nov 19, 2023 | No longer available | - | |
| No longer available | |||
| Nov 11, 2023 | Price Decreased |
$449,990
↓ $50K
(10%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017