10505 N Platt River DR
About This Property
Tucked away on a tree-lined street and just a short walk to Mary Moore Searight Park, this 3-bedroom, 2.5-bath home invites you to slow down and soak it all in. Inside, wood and stained concrete floors flow throughout, setting the perfect foundation for the home's effortlessly cool vibe. Soaring ceilings in the entryway and living room create a light, airy feel, while the updated tile fireplace adds just the right touch of cozy charm.
The updated kitchen is as functional as it is stylish, featuring a tile backsplash and farmhouse sink-perfect for morning coffee rituals or hosting friends. All bathrooms have been thoughtfully updated, keeping things fresh and modern. Step outside to the freshly painted and covered back deck, an ideal spot for evening hangs or weekend lounging.
Big-ticket updates? Already handled, thanks to a new roof in 2024. Even better, this is a South Austin Homes Certified Pre-Owned & Pre-Inspected home, with 12 inspection items already checked off the report-peace of mind included.
Boho vibes, smart updates, and an unbeatable South Austin location-this one's ready to love.
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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 |
|---|---|---|---|
| Jan 2, 2026 | In contract | - | |
| In contract | |||
| Dec 25, 2025 | Listed by South Austin Homes | $385,000 | |
| Listed by South Austin Homes | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017