559 Sugar Cane RD
About This Property
The kitchen is an entertainer's dream, showcasing Taj Mahal quartzite, champagne-gold fixtures, and upgraded gas appliances. West-facing windows bathe the room in light and capture spectacular Texas sunset views. The thoughtfully designed main level features a primary suite with a spa-like soaking tub, plus a highly desirable second bedroom and full bath-perfect for guests, a home office, or multi-generational living.
Upstairs offers a versatile living area, a dedicated media room, and three generous bedrooms. Located in the coveted Sunfield Community, you are a short walk from resort-style amenities including a newly completed lazy river, splash parks, and miles of trails. Perfectly situated between Austin and Kyle, this home offers immediate I-35 access for an effortless commute.
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Cap Rate Calculator
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| Jul 21, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jul 15, 2026 | Price Decreased |
$500,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Jun 21, 2026 | Price Decreased |
$510,000
↓ $25K
(4.7%) | |
| Price Decreased | |||
| May 22, 2026 | Listed by Compass RE Texas, LLC | $535,000 | |
| Listed by Compass RE Texas, LLC | |||
| Jun 19, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017