700 Painted Creek WAY
About This Property
This inviting home features 5 bedrooms, 3 full bathrooms, and a versatile office that can serve as a 6th bedroom. The interior showcases 10" ceilings and an abundance of natural light, enhancing the open kitchen, living, and breakfast area, which boasts elegant quartz countertops and a built-in gas range. Enjoy the convenience of a significant pantry and a dedicated dining room with a built-in coffee or dry bar, perfect for entertaining guests.
Retreat to the secluded primary suite, complete with a spacious bathroom featuring a dual vanities, soaking tub, spacious shower and large walk-in closet.
The flex space/game room offers additional versatility for your lifestyle needs, while the large covered porch with a custom sun deck provides an ideal spot to relax and unwind. Storage is a breeze with ample space throughout, including a massive decked attic.
As part of the 6 Creeks community, you'll have access to fantastic amenities, including a large pool, pickleball courts, miles of scenic trails, and a peaceful pond with a fishing pier. Families will appreciate the high-quality education provided by Hays CISD, featuring a newly opened elementary school.
Located just minutes from H-E-B Plus and the vibrant entertainment and dining options in Kyle, this home offers easy access to downtown Austin (35 minutes), San Marcos (20 minutes), and downtown Buda (15 minutes).
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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 |
|---|---|---|---|
| Dec 31, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Nov 23, 2024 | Price Decreased |
$625,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Nov 5, 2024 | Listed by eXp Realty, LLC | $630,000 | |
| Listed by eXp Realty, LLC | |||
| Jun 26, 2024 | No longer available | - | |
| No longer available | |||
| May 31, 2024 | Price Decreased |
$650,000
↓ $25K
(3.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017