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507 Paseo Grand DR
About This Property
The open floor plan features engineered hardwood flooring, recessed lighting, hand-distressed ceiling beams, and a renovated brick fireplace. The updated chef's kitchen includes Cambria countertops, a bar-height island, stainless steel appliances, stone finishes, a pantry, and seamless access to the backyard for easy indoor-outdoor living.
The spacious primary suite features a custom Elfa walk-in closet and a spa-inspired bath with dual vanities and a glass-enclosed shower. Two additional bedrooms, a dedicated home office with high-speed Wi-Fi and mesh router system, built-in laundry storage, and an organized two-car garage provide flexibility for today's lifestyle.
Step outside to your own resort-style backyard featuring a sparkling pool, spa, natural stone waterfall, multilevel Azek composite deck, generous patio, outdoor grill, shade decks, shed, mature trees, and a privacy fence-perfect for relaxing or entertaining.
Recent improvements include Nest thermostats, a pool heater, non-slip pool decking, newer roof, newer HVAC with whole-home allergy filtration, renovated fireplace, and extensive Elfa storage systems throughout the home.
Located in award-winning Leander ISD, just steps from a neighborhood park with a playground, dog park, and community pool, with convenient access to 1431, 45, Parmer, 183A, major tech employers, H-E-B, shopping, dining, and entertainment.
This exceptional Silverado Ranch home truly offers the perfect blend of everyday comfort and resort-style living. A must-see!
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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.
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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 |
|---|---|---|---|
| Oct 14, 2026 | In contract | - | |
| In contract | |||
| Oct 8, 2026 | Listed by Compass RE Texas, LLC | $460,000 | |
| Listed by Compass RE Texas, LLC | |||
| May 22, 2025 | In contract | - | |
| In contract | |||
| May 15, 2025 | Listed by Compass RE Texas, LLC | $449,000 | |
| Listed by Compass RE Texas, LLC | |||
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Escape to your own private oasis with this charming, well maintained home with sparkling pool and oversized spa in the highly sought-after Silverado Ranch neighborhood in Cedar Park. This turnkey home has been carefully updated to include engineered hard floors throughout, redesigned spacious chef’s kitchen with bar height island and Cambria countertops, spa-like bathrooms, newer roof, hvac with special whole home allergy filter, renovated fireplace, and renovated closets and garage with award-winning Elfa storage systems. A dedicated office with high speed wi-fi including mesh router system provides a comfortable place for focused work and virtual meetings. The main bedroom has space for an optional second flexible work space for dual office potential. The layout has been remodeled to provide a more open concept with hand distressed beams on the ceiling making the 9-foot ceilings feel even more spacious. This home is a dream for entertaining with indoor-outdoor living between the kitchen area and the backyard pool/spa with oversized patio including adjacent grill and shade decks. All decks are made from Azek composite deck materials, making them easy maintenance. This peaceful home is located steps from award winning LISD schools and a wonderful private neighborhood park with new play area, dog park, and community pool. The convenient location has easy access to 1431, I-35, 45, Parmer & 183A and local tech campuses. It is also near HEB, HEB Center, retail shopping, and restaurants. Pride in ownership shows, must see this gem!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017