508 Landing LN
About This Property
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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 |
|---|---|---|---|
| Aug 12, 2025 | In contract | - | |
| In contract | |||
| Jul 13, 2025 | Price Decreased |
$599,900
↓ $35K
(5.5%) | |
| Price Decreased | |||
| Jun 1, 2025 | Listed by Total Realty Texas | $635,000 | |
| Listed by Total Realty Texas | |||
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|
Better than new! This spacious 5-bedroom, 3.5-bath home offers a flexible layout with a main-floor primary suite and a dedicated flex room perfect for a study or home office. The open-concept living area connects seamlessly to a modern kitchen with ample storage and a center island. Upstairs features 4 bedrooms, 2 full baths, and a large game room. Step outside to a zen-inspired backyard with peaceful landscaping and a covered patio—ideal for relaxing or entertaining. Located in a quiet neighborhood near parks, schools, HEB, and 183A, with low HOA fees and no MUD tax.
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| Dec 8, 2024 | No longer available | - | |
| No longer available | |||
| Nov 20, 2024 | Price Decreased |
$675,000
↓ $25K
(3.6%) | |
| Price Decreased | |||
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About Leander
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Listed Office: Keller Williams - Lake Travis - Listing courtesy of Unlock MLS
Phone: (512) 263-9090
Last Updated: 2026-05-31 12:05:07
Data Source: Unlock MLS, MLS# ACT9820921
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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