9506 Woody Ridge VW
About This Property
Upstairs, there are 3 secondary bedrooms, each with its own bathroom. Additional living space upstairs with a game room featuring a built-ins, and stunning views. The owner's retreat offers a luxurious sanctuary with a private sunroom overlooking the backyard and hill country views. The primary bathroom has dual vanities with marble counters, modern lighting, and a walk-in shower. The owner's walk-in closet provides ample storage with built-in shelving and drawers.
Outside, the 1.46-acre yard is a true oasis, backing to preserve land. The covered patio extends entertainment options with an outdoor kitchen, gas fireplace, and ample space for dining and relaxation. A beach entry pool and hot tub beckon on warm days, while the landscaped yard offers multiple flat,shaded, & usable areas.
The oversized 3-car garage provides ample storage, with the 30' third bay featuring overhead doors on both ends. Zoned for Vandegrift High School, this property offers the quintessential Texas Hill Country lifestyle just a short distance from downtown Austin, the Domain, Lake Austin, and other amenities.
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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 |
|---|---|---|---|
| Jun 30, 2024 | In contract | - | |
| In contract | |||
| Jun 26, 2024 | Price Decreased |
$2,249,000
↓ $146K
(6.1%) | |
| Price Decreased | |||
| Jun 11, 2024 | Listed by Keller Williams - Lake Travis | $2,395,000 | |
| Listed by Keller Williams - Lake Travis | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017