1185 Springdale RD
About This Property
What truly makes this property a standout find in today's market is the extensive list of high-ticket, recent enhancements that provide immediate peace of mind and long-term equity. With a brand-new roof, a new privacy fence, and a balcony offering a stunning view of the Austin skyline, the most significant maintenance items have already been addressed. Outside, the ~5,400-square-foot lot-a generous size for the area-has been transformed into a lush, private sanctuary. A newly created garden and brand-new gazebo offer a tranquil escape for alfresco dining under the Texas sky.
Beyond the property line, the best of Austin is at your fingertips at a competitive entry point for a standalone home. You are just 12 minutes from the heart of Downtown and 14 minutes from the airport, with immediate access to the iconic restaurants and eclectic coffee shops that define East Austin's unique culture. Meticulously maintained and priced to sell, this home is an exceptional opportunity for those seeking a turnkey modern retreat in one of the city's most sought-after neighborhoods.
All values are approximate and to be verified
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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 |
|---|---|---|---|
| Oct 29, 2026 | Price Decreased |
$399,999
↓ $50K
(11.1%) | |
| Price Decreased | |||
| Sep 25, 2026 | Price Decreased |
$450,000
↓ $50K
(10%) | |
| Price Decreased | |||
| Sep 15, 2026 | Relisted | $499,999 | |
| Relisted | |||
| Aug 31, 2026 | In contract | - | |
| In contract | |||
| Jun 13, 2026 | Price Decreased |
$499,999
↓ $65K
(11.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017