25
Map
$949,999
●
House -
Off Market
11500 Katy LN
Austin, TX 78748
6 Beds
4 Baths,
1
Half Bath
5,759 Ft²
$4,665
Est. Monthly
3.30%
Cap Rate
About This Property
Currently operating as a profit-producing STR, 11500 Katy Lane sits
on 1.98 acres in the heart of south Austin. Beautifully
positioned on an oversized corner lot, the fenced property is
perfect for entertaining, thanks to its elaborate 6/4.5 floorplan,
expansive yard, and private pool. Katy Lane has a ton of
potential and would be the perfect spot for a large family that
enjoys hosting and entertaining.
Unit Size
5,759 Ft²
Days on Market
-
Land Size
1.98 acres
Price per sqft
$165
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1946
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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 #ACT4719610)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 19, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Listed by Coldwell Banker Realty | $949,999 | |
| Listed by Coldwell Banker Realty | |||
| Nov 20, 2021 | No longer available | - | |
| No longer available | |||
| Aug 20, 2021 | Listed by Keller Williams - Austin SW | $1,175,000 | |
| Listed by Keller Williams - Austin SW | |||
| | |||
|
Private gated compound, nestled on 1.98 gorgeous, tree covered acres, in South Austin's highly sought after San Leanna Estates. This unique property is truly a rare find. Offering loads of opportunity as both a private residence or short term rental with cash flow opportunity. With 5,759 well used square feet, ample storage & timeless custom accents...this home is an absolute must see. The exterior features are plenty with a gorgeous courtyard, a sparkling pool, hot tub & over 100 mature oak trees. Additional building on site that could easy be converted to office/utility space Merging the best of both worlds with private acreage & big city luxuries. Ideal location with quick & easy access to I35, providing a quick commute to Downtown Austin, Buda/Kyle, the airport, & more. Ample shopping, dining & entertainment within minutes. Akins High. Buyer to verify any and all details on use. The manager has listed the unit size as 5759 square feet.
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About San Leanna
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Listed by: Stephen Davis
Listed Office: Coldwell Banker Realty - Listing courtesy of Unlock MLS
Phone: (512) 930-2000
Last Updated: 2025-08-21 04:34:01
Data Source: Unlock MLS, MLS# ACT4719610
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Coldwell Banker Realty - Listing courtesy of Unlock MLS
Phone: (512) 930-2000
Last Updated: 2025-08-21 04:34:01
Data Source: Unlock MLS, MLS# ACT4719610
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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