This stately 5 bed home sits on a sprawling, tree-shaded, corner
lot in the sought after Villages of Shady Hollow! The
fantastic floor plan features a grand entryway with the formal
dining and living room greeting you as you step inside. The formal
living room could easily be transformed into an office space to
suit your needs! The heart of the home is connected through the
kitchen, family room and spacious breakfast area! This area is
perfect for connecting with your loved ones while preparing a meal,
gathering around the table or getting cozy for a movie night! The
kitchen has ample counter and cabinet space, an island for extra
storage, and built-in microwave and oven. The primary bedroom is on
the main floor, with private access to the backyard deck- perfect
to step out and enjoy your morning coffee and watch the birds! The
upstairs features 4 generous sized bedrooms. One bedroom features
an en suite bathroom. A full jack & jill bath is located in the
hall conveniently between the 3 bedrooms. The 3rd living/bonus room
is perfect for a playroom and game nights!
The backyard is ready for year round activities and fun! Enjoy the
spacious deck that overlooks the large backyard! Gather around the
fire pit for evenings of smores and story telling or start a garden
in the raised beds! There is room for everyone's hobbies and play!
Enjoy the Villages of Shady Hollow's neighborhood amenities-
take a dip in the refreshing pool, enjoy the playground and
basketball court! Explore the vibrant local scene with an array of
dining and entertainment options just minutes away. From the
Armadillo Den to the South Austin Beer Garden, Moontower, Brick's
Pub, Backwood Bar, and beyond, countless destinations await your
discovery all within a short drive!
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.
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