803 Pheasant MDW
About This Property
Inside, you'll find a bright, open-concept layout designed for both everyday living and effortless entertaining. The expansive kitchen is truly the heart of the home, featuring rich wood cabinetry, granite countertops, stainless steel appliances, a large center island, and abundant storage. It opens seamlessly to the main living area, where exposed beams, a striking stone fireplace, and large windows create a warm and inviting space filled with natural light.
The primary suite is privately tucked away and offers a peaceful retreat, complete with a spacious bedroom, spa-like bathroom with soaking tub and walk-in shower, dual vanities, and an oversized walk-in closet. Secondary bedrooms are generously sized and thoughtfully positioned with access to well-appointed bathrooms, offering flexibility for guests, family, or a home office.
Step outside and the lifestyle truly comes to life. The backyard is designed for year-round enjoyment, featuring a resort-style pool with natural rock accents and water features, surrounded by mature trees and beautiful Hill Country views. The covered patio, featuring a wood-paneled ceiling and an outdoor television creates the perfect place to relax or gather to watch the game. The detached outdoor kitchen pavilion is ideal for hosting gatherings, game days, or quiet evenings at home.
In addition to the attached garage, the property also features a detached garage, offering valuable extra space for additional vehicles, storage, a workshop, or hobby space. Additional highlights include a dedicated dining space, flexible office or bonus room, and a large laundry room.
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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 |
|---|---|---|---|
| Jul 2, 2026 | In contract | - | |
| In contract | |||
| Jun 9, 2026 | Price Decreased |
$775,000
↓ $20K
(2.5%) | |
| Price Decreased | |||
| May 1, 2026 | Listed by Magnolia Realty Round Rock | $795,000 | |
| Listed by Magnolia Realty Round Rock | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017