$479,000
●
House -
Off Market
11602 Fast Horse DR
Austin, TX 78759
3 Beds
2 Baths
1,394 Ft²
$3,123
Est. Monthly
3.44%
Cap Rate
About This Property
This charming Mesa Park home has 3 bedrooms, 2 bathrooms, and great
room with a vaulted ceiling and fireplace. The kitchen and dining
areas overlook an oversized backyard and are perfectly situated for
entertaining family and friends. This home's split bedroom layout
offers privacy for the primary bedroom that is separated from the
two secondary bedrooms by the entryway. The master suite sits at
the of the front of the home and has an ensuite bath, a walk-in
closet and a huge window that lets in an abundance of natural
light. The other two bedrooms are nicely sized and each have
spacious closets. Located in a highly sought after part of North
Austin, this home is just a few blocks away from Schroeder Park and
is a commuter's dream -- close in proximity to big tech employers,
with easy access to major highways, and just a couple of miles to
the Domain. With it's traditional charm, recent water heater and
HVAC, plus no carpet - this home is perfect for buyers eager to add
their own personal touches!
Unit Size
1,394 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$344
Property Type
House
Property Taxes
$771
HOA Dues
-
Year Built
1974
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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 #ACT3464276)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jul 30, 2025 | Price Decreased |
$479,000
↓ $20K
(4%) | |
| Price Decreased | |||
| Jul 17, 2025 | Listed by Engel & Volkers Austin | $499,000 | |
| Listed by Engel & Volkers Austin | |||
| Apr 14, 2024 | No longer available | - | |
| No longer available | |||
| Apr 11, 2024 | Listed by Engel & Völkers Austin Westlake | $2,350 | |
| Listed by Engel & Völkers Austin Westlake | |||
| | |||
|
This clean and well maintained home is tucked in the charming Mesa Park neighborhood. Features include an open floor plan, fresh paint throughout, brand new kitchen appliances and laminate floors. This property has a great back yard and is just a short walk from Schroeder Park. Desirable location offers easy access to 183 and Mopac; and the Domain and Arboretum are a short drive away. The manager has listed the unit size as 1394 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Northwest Austin
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Listed by: Kris Calder
Listed Office: Engel & Volkers Austin - Listing courtesy of Unlock MLS
Phone: (512) 328-3939
Last Updated: 2025-08-20 04:28:15
Data Source: Unlock MLS, MLS# ACT3464276
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Engel & Volkers Austin - Listing courtesy of Unlock MLS
Phone: (512) 328-3939
Last Updated: 2025-08-20 04:28:15
Data Source: Unlock MLS, MLS# ACT3464276
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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