533 Peace Pipe WAY
About This Property
Nestled in the scenic Texas Hill Country, this gorgeous 4-bedroom home is perfectly situated on a corner lot with only one neighbor, offering breathtaking panoramic views and ultimate privacy. Located in the highly sought-after Riverview community, enjoy easy access to shopping and dining at nearby Wolf Ranch Shopping Center and proximity to Lake Georgetown. The home feels like new and boasts an ideal floor plan with 2 bedrooms on the main level-including the luxurious primary suite-and 2 more bedrooms upstairs with an oversized game room. Natural light flows abundantly throughout the home, highlighting serene treetop views. The Riverview community features an array of top-notch amenities, including walking trails along the San Gabriel River, a resort-style pool, splash pad, playground, and sand volleyball court. Smart home technology adds an extra layer of convenience, making this home the perfect blend of modern comfort and serene hill country living. This home is a must-see-don't miss out!
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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 |
|---|---|---|---|
| Oct 30, 2024 | In contract | - | |
| In contract | |||
| Oct 21, 2024 | Price Decreased |
$459,000
↓ $8K
(1.7%) | |
| Price Decreased | |||
| Oct 1, 2024 | Listed by Keller Williams Realty | $467,000 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017