$649,999
●
House -
For Sale
1144 Mason Ave
Austin, TX 78721
3 Beds
1 Bath
888 Ft²
$3,487
Est. Monthly
4.84%
Cap Rate
About This Property
Zone SF3 Tear down opportunity, the value is on the lot. Great
opportunity for investors on a CORNER LOT. Remove it and build your
dream home. Located on the hot east side and is surrounded by new
homes. Information provided is reliable but is not guaranteed and
should be independently verified. No flood zone, corner lot. No
sellers disclosure, no survey available. Call before showing,
Beware of dogs.
Unit Size
888 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$732
Property Type
House
Property Taxes
$295
HOA Dues
-
Year Built
1940
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (Unlock MLS #ACT4025542)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 1, 2024 | Listed by Fathom Realty | $649,999 | |
| Listed by Fathom Realty | |||
| Jun 25, 2024 | No longer available | - | |
| No longer available | |||
| Jun 24, 2023 | Listed by Teifke Real Estate | $649,999 | |
| Listed by Teifke Real Estate | |||
| | |||
|
Zone SF3 Tear down opportunity, the value is on the lot. Great opportunity for investors on a CORNER LOT. Remove it
and build your dream home. Located on the hot east side and is surrounded by new homes. Information provided is
reliable but is not guaranteed and should be independently verified. No flood zone, corner lot. No sellers disclosure, no
survey available. Call before showing, Beware of dogs.
| |||
Property Highlights
Fireplace
Parking Details
Parking Features: Storage
Interior Details
Full Bathrooms: 1
Interior Features: See Remarks, No Interior Steps, Primary Bedroom on Main
Appliances: Disposal
Flooring Type: Tile
Fireplace Features: None
Exterior Details
Square Footage: 888
Square Footage Source: $0
Green Sustainability
Property Condition: Tear Down
Year Built Source: Public Records
Year Built: 1940
Waterfront Features: None
Levels: One
Other Structures: None
Window Features: None
Construction Materials: Wood Siding
Patio and Porch Features: Front Porch
Pool Features: None
Lot Features: None
Lot Size Area: 6926.04
Lot Size Units: Square Feet
Lot Size Acres: 0.159
Lot Size Square Feet: 6926.04
Water Source: None
Financial Details
Tax Map Number: 6
Tax Assessed Value: $286,129
Tax Annual Amount: $3,539
Utilities Details
Cooling Type: Wall/Window Unit(s)
Heating Type: See Remarks
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About East MLK
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Listed by: Johanna Freire
Listed Office: Fathom Realty - Listing courtesy of Unlock MLS
Phone: (888) 455-6040
Last Updated: 2025-08-15 04:36:38
Data Source: Unlock MLS, MLS# ACT4025542
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Fathom Realty - Listing courtesy of Unlock MLS
Phone: (888) 455-6040
Last Updated: 2025-08-15 04:36:38
Data Source: Unlock MLS, MLS# ACT4025542
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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