111 Austen Drive
About This Property
Inside, you'll find an inviting open floorplan featuring high ceilings, wood floors, and an abundance of natural light throughout. The heart of the home is a chef's kitchen with granite countertops and ample workspace, seamlessly flowing into the living and dining areas for easy entertaining. A dedicated office provides a quiet space for work or study.
Step outside to enjoy a resort-style backyard, complete with a pristine in-ground pool and hot tub. Recently updated pool equipment (less than four years old) and a stunning fire pit feature elevate this outdoor space, creating an ideal setting for gatherings or unwinding under the stars. Huge covered porches offer shaded seating areas perfect for year-round enjoyment.
Located within Weatherford ISD and less than 30 minutes from downtown Fort Worth, this home is also just moments from local shops, restaurants, and retailers.
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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 |
|---|---|---|---|
| Feb 27, 2025 | Sold | ||
| Sold | |||
| Dec 28, 2024 | In contract | - | |
| In contract | |||
| Dec 7, 2024 | Price Decreased |
$579,900
↓ $19K
(3.2%) | |
| Price Decreased | |||
| Oct 31, 2024 | Listed by The Exclusive | $599,000 | |
| Listed by The Exclusive | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017