616 Concho River DR
About This Property
The gourmet kitchen boasts a spacious kitchen island, perfect for meal prep and casual dining, a walk-in pantry, stainless steel appliances, and a decorative tile backsplash. The primary suite includes a large walk-in closet and a luxurious bathroom with a walk-in shower. Two additional bedrooms at the front of the home share a spacious second bathroom.
Outdoor living is a delight with a covered patio, perfect for dining and relaxation, while the dining area overlooks a huge backyard with endless potential. The full sod and irrigation system ensure a lush, green lawn year-round. This property includes the "HOME IS CONNECTED" package with: Alexa Voice control, a front doorbell, a front door deadbolt lock, a home hub, light switches, and a thermostat for added convenience and security.
The beautiful stone facade offers great curb appeal with minimal upkeep, and the covered front porch provides a cozy spot for morning coffee or evening relaxation. Located just 35 minutes from the airport and downtown Austin, travel is easy and convenient. Additionally, this home is within walking distance to Hutto Lake Park, where you can enjoy the lake, dock, fishing, walking trails, basketball, and a covered pavilion!
Contact us today to schedule a tour and see for yourself why this home is the perfect fit for you!
**Our sellers are completely out of pocket on Saturdays and Sundays. All offers received over the weekend will be presented first thing on Monday.**
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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 |
|---|---|---|---|
| Jun 12, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Listed by Harpeth Realty | $350,000 | |
| Listed by Harpeth Realty | |||
| Nov 19, 2021 | No longer available | - | |
| No longer available | |||
| Oct 28, 2021 | Listed by D.R. Horton - Austin | $331,990 | |
| Listed by D.R. Horton - Austin | |||
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The Pioneer is a 1,465 sq. ft. 3 bedroom, 2 bathroom single-story home. The long foyer leads into the large family room. The family room is open to the kitchen and the dining room and faces the large covered patio. The kitchen features a spacious kitchen island, a walk-in pantry, electric stainless steel appliances, and decorative tile backsplash. The two extra bedrooms are off the foyer at the front of the home and share a spacious bathroom 2. The main bedroom, bedroom 1, is located off the family room and includes a huge walk-in closet and walk-in shower. Homeowners will enjoy the covered patio, and full sod and irrigation. This home also includes our HOME IS CONNECTED base package which includes the Alexa Voice control, Front Door Bell, Front Door Deadbolt Lock, Home Hub, Light Switch, and Thermostat. The manager has listed the unit size as 1465 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017