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Map
1114 Reagan TER
About This Property
Thoughtful updates throughout the home include foam insulation in the walls and attic (2007), high energy-efficient windows, and a full electrical rewire completed in 2007. The home is built on a solid foundation of concrete and steel piers, offering long-term durability and stability. Inside, you'll find a spacious living room with a fireplace, multiple dining areas, a generous kitchen with an island, and a mix of wood, tile, and concrete flooring that adds warmth and personality throughout.
Outdoor spaces include a welcoming side porch and a back deck that provides a quiet spot to relax among the trees. The property backs up to the Blunn Creek Greenbelt, offering additional privacy and a beautiful natural backdrop.
Located just minutes from the vibrant South Congress district and downtown Austin, this home offers easy access to a variety of dining, shopping, and entertainment options. Proximity to I-35 ensures convenient commuting, while the nearby Lady Bird Lake hike and bike trails provide ample opportunities for outdoor recreation. Situated within the Travis Heights Elementary school zone, this property combines the best of urban living with a peaceful neighborhood atmosphere.
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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 26, 2025 | In contract | - | |
| In contract | |||
| Aug 1, 2025 | Price Decreased |
$995,000
↓ $55K
(5.2%) | |
| Price Decreased | |||
| Jul 3, 2025 | Price Decreased |
$1,050,000
↓ $75K
(6.7%) | |
| Price Decreased | |||
| May 10, 2025 | Price Decreased |
$1,125,000
↓ $100K
(8.2%) | |
| Price Decreased | |||
| Apr 11, 2025 | Listed by Moreland Properties | $1,225,000 | |
| Listed by Moreland Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017