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11307 Powder Mill TRL
About This Property
Step outside to enjoy a generous backyard designed for entertaining, now enhanced with a new fence and putting green (2026), exterior siding and paint (apprx 2024), along with a welcoming front patio added (2023). Major improvements throughout the years provide peace of mind, including a new water heater (2022), roof and skylights (2023), HVAC system (2013), extra insulation (2013), and an updated primary bathroom.
Located in one of Northwest Austin's most desirable neighborhoods, this home is zoned to A-rated Purple Sage Elementary, Noel Grisham Middle (8/10 GreatSchools, Niche A), and Westwood High School, ranked in the top 8.3% of Texas high schools. Residents enjoy mature trees and outstanding community amenities, including a dog park, playground, community pool, tennis and pickleball courts, walking, jogging, and biking trails. Enjoy a Walk Score of 78 (Very Walkable), convenient access to major employers, highways, shopping, and dining, plus nearby community amenities including pickleball courts. Interstellar BBQ, ranked #2 in Texas Monthly's statewide BBQ list, is just around the corner, making this location as enjoyable as it is convenient.
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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 |
|---|---|---|---|
| Nov 4, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Oct 9, 2026 | Price Decreased |
$524,998
↓ $25K
(4.6%) | |
| Price Decreased | |||
| Aug 31, 2026 | Price Decreased |
$549,998
↓ $29K
(5%) | |
| Price Decreased | |||
| Aug 6, 2026 | Listed by Tiffany Russell Group | $579,000 | |
| Listed by Tiffany Russell Group | |||
| Dec 31, 2018 | No longer available | - | |
| No longer available | |||
Property Highlights
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Price/ft²
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About Northwest Austin
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