Beautiful 1-story home sitting on just over an acre with a fully
fenced backyard. Built in 2022 in the highly desirable community of
Parten Ranch nestled in the Texas Hill Country. Four bedrooms plus
a dedicated study/home office. Designer-level home, top of the line
appliances, custom solid wood built-in cabinets, frameless showers,
wi-fi controlled woven wood shades, water softener, whole home
carbon filter, and more! Impressive kitchen features oversized
island/breakfast bar with farm sink, large space your family will
love. Large owner's suite offers plenty of space, tall ceilings,
large windows, and a beautiful bathroom. Study/home office could
easily be used as a fifth bedroom. Relax on your expansive covered
back porch with screened in upgrade and enjoy your huge backyard. 3
car garage - Electric car charger included. Fantastic community
amenities including miles of hike and bike trails, parks, and a
community pool. Highly regarded Dripping Springs ISD - Easy commute
to downtown Austin, Austin airport, plus tons of shopping and
dining options in Belterra Village just minutes away. Watch the
video tour!
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.
Interior Features: Bookcases, Built-in Features, Ceiling Fan(s), Chandelier, Double Vanity, Eat-in Kitchen, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Smart Thermostat, Soaking Tub, Walk-In Closet(s), High Speed Internet, Ceiling-High, Quartz Counters, Multiple Dining Areas, Multiple Living Areas, No Interior Steps, Primary Bedroom on Main, Study/Home Office
Appliances: Built-In Gas Oven, Dishwasher, Disposal, Gas Cooktop, Microwave, Water Heater, Tankless Water Heater, Water Purifier Owned, Water Softener Owned, RNGHD
Flooring Type: Tile, Wood
Has Fireplace
Fireplace Features: Gas, Gas Log, Living Room
Fireplaces: 1
Exterior Details
Square Footage: 3416
Square Footage Source: $0
Green Sustainability
Security Features: Carbon Monoxide Detector(s), Security System Owned, Smoke Detector(s)
Property Condition: Resale
Year Built Source: Public Records
Year Built: 2022
Waterfront Features: None
Levels: One
Other Structures: None
Window Features: Blinds, Double Pane Windows
Construction Materials: Stone Veneer, Stucco, Masonry – All Sides
Patio and Porch Features: Covered, Patio, Screened
Pool Features: None
Lot Features: Back Yard, Front Yard, Native Plants, Sprinklers In Rear, Sprinklers In Front, Many Trees, Wooded, Sprinkler - Automatic, Sprinkler - Partial
Lot Size Area: 45563.76
Lot Size Units: Square Feet
Lot Size Acres: 1.046
Lot Size Square Feet: 45563.76
Water Source: MUD
Financial Details
Tax Map Number: 1A-4
Tax Assessed Value: $791,380
Tax Annual Amount: $20,856
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA/Condo/Coop Amenities: Trail(s)
HOA Fee: $225
HOA Fee Frequency: Quarterly
Building Info
Overview
General
Year Built:
2022
Effective Year Built:
2022
Bedroom Count:
4
Bathroom Count:
4
Full Bathrooms:
3
Partial Bathrooms:
4
Building Condition:
0
Building Quality:
0
Construction Type:
0
Building Style:
0
Exterior Walls Type:
11
Interior Walls Type:
0
Roof Shape Type:
1
Roof Cover Type:
3
Floor Count:
100
Floor Cover:
0
Basement Type:
0
Basement Area:
0
Garage Type:
1
Garage Square Area:
630
Parking Space Count:
3
Patio Type:
0
Porch Type:
6
Pool Type:
0
Dimensions
Lot Size Square Feet:
45,564
Lot Size Frontage Feet:
0
Total Building Area:
3,230
Gross Building Area:
3,860
Building Area:
3,230
Building Area Measurement:
L
Heating and Cooling
Air Conditioning:
1
Heating:
3
Heated Square Feet:
3,230
Heating Fuel Type:
0
Utilities
Sewer System:
0
Water Service:
0
Building
Building Type:
0
Property Class:
R
Subdivision:
OAK RIDGE PARK SEC 1
Land Acres:
0000001046
Standard Land Use Code:
1001
County Land Use Code:
A1
Legal Description 1:
OAKRIDGE PARK SEC 1 AT KINNICINIK, BLOCK A, LOT 1A-4, ACRES 1.046
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