$450,000
●
House -
Off Market
721 Melda ST
Leander, TX 78641
4 Beds
3 Baths,
1
Half Bath
2,448 Ft²
$3,100
Est. Monthly
$73
HOA / Fees
4.28%
Cap Rate
About This Property
Priced to sell! Welcome to 721 Melda Street. Step into this well
maintained Meritage home located on quiet street in Stewart
Crossing. Featuring 4 bedrooms,2.5 bathrooms, + dedicated office +
large bonus / flex room.
Upon entering you have a dedicated office with glass French doors, step down the hallway to an open living room / kitchen concept with a gas fireplace. Need some extra space for homework? A great little corner nook / mail Center is nicely tucked away on the main level adjacent to the living room. Upstairs you have all bedrooms with the convenience of the laundry room steps away. Step outside to the back covered patio where the possibilities are endless on this huge .32 Acre corner lot (almost 14,00 Square feet!). Other features include an oversized 2.5 car garage, water softener loop, tile flooring throughout the main level, quartz kitchen countertops, stainless steel kitchen appliances. Nestled in the friendly and welcoming Stewart Crossing community, residents have access to the community pool, nearby amenities, shopping, entertainment, and quick access to 183A. Feeds to Wiley Middle School & Rouse High School!
Upon entering you have a dedicated office with glass French doors, step down the hallway to an open living room / kitchen concept with a gas fireplace. Need some extra space for homework? A great little corner nook / mail Center is nicely tucked away on the main level adjacent to the living room. Upstairs you have all bedrooms with the convenience of the laundry room steps away. Step outside to the back covered patio where the possibilities are endless on this huge .32 Acre corner lot (almost 14,00 Square feet!). Other features include an oversized 2.5 car garage, water softener loop, tile flooring throughout the main level, quartz kitchen countertops, stainless steel kitchen appliances. Nestled in the friendly and welcoming Stewart Crossing community, residents have access to the community pool, nearby amenities, shopping, entertainment, and quick access to 183A. Feeds to Wiley Middle School & Rouse High School!
Unit Size
2,448 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$184
Property Type
House
Property Taxes
$817
HOA Dues
$73
Year Built
2016
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Unlock MLS #ACT4309490)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 7, 2024 | In contract | - | |
| In contract | |||
| Aug 1, 2024 | Price Decreased |
$450,000
↓ $30K
(6.3%) | |
| Price Decreased | |||
| Jul 20, 2024 | Price Decreased |
$480,000
↓ $20K
(4%) | |
| Price Decreased | |||
| Jul 9, 2024 | Price Decreased |
$500,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Jul 2, 2024 | Price Decreased |
$510,000
↓ $15K
(2.9%) | |
| Price Decreased | |||
Show More
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Leander
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jc Adams
Listed Office: Bramlett Residential - Listing courtesy of Unlock MLS
Phone: (512) 850-5717
Last Updated: 2024-09-03 05:55:58
Data Source: Unlock MLS, MLS# ACT4309490
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Bramlett Residential - Listing courtesy of Unlock MLS
Phone: (512) 850-5717
Last Updated: 2024-09-03 05:55:58
Data Source: Unlock MLS, MLS# ACT4309490
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017