8406 Los Ranchos DR
About This Property
Luxury flooring flows throughout the home, like new vinyl windows, roof and HVAC (2023) with soaring ceilings, and abundant natural light create a bright, spacious atmosphere. Step outside to the expansive entertainer's deck-perfect for relaxing evenings, weekend gatherings, or dining al fresco in the private backyard.
Ideally located just minutes from highly rated Boone Elementary, Whole Foods, Costco, parks, and hike-and-bike trails, this home also offers quick access to MoPac (Loop 1), making commuting to downtown Austin or Austin-Bergstrom International Airport fast and convenient.
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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 15, 2026 | Price Decreased |
$629,000
↓ $20K
(3.1%) | |
| Price Decreased | |||
| Aug 6, 2026 | Listed by Compass RE Texas, LLC | $649,000 | |
| Listed by Compass RE Texas, LLC | |||
| Jul 1, 2023 | No longer available | - | |
| No longer available | |||
| May 28, 2023 | In contract | - | |
| In contract | |||
| May 12, 2023 | Listed by Keller Williams Realty International | $500,000 | |
| Listed by Keller Williams Realty International | |||
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This home is on a quiet street in Maple Run, is a blank slate for next home improvement project! Wonderful bones and layout, would be a great investment project or a first time homeowner project. The open layout makes it feel very open and generous! The huge deck is really an amazing space and would be wonderful for entertaining. This home would be great for anyone commuting to downtown (10 miles), or UT (12 miles). Just minutes away from Southpark Meadows and Costco/Wholefoods AND HAS GOOGLE FIBER! The manager has listed the unit size as 1725 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017