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1005 Salem LN
About This Property
Built in 1959 and radiating true mid-century charm, this spacious 2,092 sq ft ranch-style home is all about clean lines, classic finishes, and vintage details that just hit different. With 3 bedrooms, 2 bathrooms, and timeless character throughout, this is a rare find for those who appreciate the beauty of original done right.
Outside, the hardy brick exterior, Spanish tile porch, and vintage planter box greet you with retro curb appeal. Inside, a smart mix of vinyl plank, original wood, and tile floors lays the foundation for easy upkeep and era-authentic aesthetics. The stainless steel kitchen counters are both industrial-cool and practical, while the vintage shell sinks and colorful tilework keep the vibes perfectly nostalgic.
The MASSIVE primary suite is a true standout-complete with a sitting area, beamed ceiling, private patio access, and double-door entry to an en suite just waiting for your creative upgrades. Don't miss the sunroom with mid-century Spanish tile, the classic dining room with parquet floors, built-in hutch, and chair rails, or the stone hearth fireplace that anchors the main living space like a design time capsule.
Out back, there's room to grow-literally-with a greenhouse, shed, and a large yard ready for your garden, project station, or just some sunny lounging. Bonus: washer, dryer, kitchen fridge, and an extra deep freezer all convey.
No HOA. Just a well-built home in a prime central location near I-35, 183, and 290-close to some of Austin's best tacos, Thai, and everything in between.
Move-in ready, full of personality, and built to last. This is vintage Austin, and it's calling your name. Our sellers are completely out of pocket on Saturdays and Sundays. All offers received over the weekend will be presented first thing on Monday. Also contact the 2nd Listing Agent with questions and offers. Also contact the 2nd Listing Agent with questions and offers.
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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 |
|---|---|---|---|
| Aug 22, 2025 | In contract | - | |
| In contract | |||
| Aug 8, 2025 | Price Decreased |
$445,000
↓ $20K
(4.3%) | |
| Price Decreased | |||
| Jul 16, 2025 | Price Decreased |
$465,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Jun 25, 2025 | Price Decreased |
$475,000
↓ $25K
(5%) | |
| Price Decreased | |||
| Jun 9, 2025 | Listed by Harpeth Realty | $500,000 | |
| Listed by Harpeth Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017