511 Legends Parkway
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 |
|---|---|---|---|
| Jul 25, 2025 | Sold | ||
| Sold | |||
| Jul 10, 2025 | In contract | - | |
| In contract | |||
| May 14, 2025 | Price Decreased |
$4,699,000
↓ $51K
(1.1%) | |
| Price Decreased | |||
| Mar 31, 2025 | Listed by Legacy Broker Group | $4,750,000 | |
| Listed by Legacy Broker Group | |||
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Stunning 3-acre waterfront estate in the prestigious Legends on Lake LBJ community with over 300 feet of Colorado River frontage. This fully furnished and meticulously maintained custom-built 4 bed 4.5 bath home offers luxury living inside and out. Features include a gourmet kitchen with commercial-grade appliances, imported tile accents, and spacious bedrooms each with their own en-suite bathroom. The primary suite boasts a spa-like bath, coffee bar, and private patio with lake views. Outdoor living is unmatched with a resort-style infinity pool, expansive covered patio, and a two-story boat house complete with two boat slips with hydraulic lifts, two jet ski slips, and a full outdoor kitchen. Located on constant-level Lake LBJ in the highly sought-after gated golf community The Legends, just minutes from Kingsland and a short drive to Austin or San Antonio. Perfect for full-time living or a turnkey lake retreat.
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| Nov 4, 2024 | Listed by Legacy Broker Group | $4,750,000 | |
| Listed by Legacy Broker Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017