38
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722 Palo Brea LOOP
About This Property
Location is where this home truly shines. With immediate access to Toll 130, commuting to major employers such as Amazon, Dell, Samsung, Tesla, and other Central Texas tech hubs is quick and convenient. Everyday shopping, dining, and entertainment are just minutes away at Stone Hill Town Center and La Frontera Village. Looking for a night out? The Domain and Q2 Stadium are only about 20 minutes away, offering premier shopping, dining, concerts, and home matches for Austin FC.
Step outside to enjoy the covered patio and peaceful views from the corner lot, including nearby pond views that add to the home's appeal.
Covered Bridge is a natural gas community with easy access to parks, recreation, and everything the rapidly growing Hutto area has to offer. Don't miss your opportunity to own a spacious, move-in-ready home in one of the area's most convenient locations.
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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 |
|---|---|---|---|
| Sep 28, 2026 | Price Decreased |
$455,000
↓ $4K
(0.9%) | |
| Price Decreased | |||
| Sep 16, 2026 | Price Decreased |
$459,000
↓ $11K
(2.3%) | |
| Price Decreased | |||
| Sep 4, 2026 | Price Decreased |
$469,999
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Sep 2, 2026 | Price Decreased |
$474,999
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Aug 12, 2026 | Price Decreased |
$485,000
↓ $10K
(2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017