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1205 Conway DR
About This Property
This updated home offers a prime location just 4 minutes from Texas State University, making it an excellent choice for families or as an investment opportunity for student housing.
Featuring 3 bedrooms, 3 bathrooms, and a second living space, this home provides plenty of room for comfort and versatility. Recent updates include new vinyl flooring, fresh paint throughout, and stylish new vanities in the bathrooms.
Step outside to enjoy the covered back deck overlooking a spacious yard, perfect for outdoor gatherings or relaxation. With its light remodeling and convenient location, this property is ready to meet your needs. Don't miss out!
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 20, 2025 | In contract | - | |
| In contract | |||
| Mar 26, 2025 | Price Decreased |
$235,000
↓ $5K
(2.1%) | |
| Price Decreased | |||
| Mar 7, 2025 | Price Decreased |
$240,000
↓ $5K
(2%) | |
| Price Decreased | |||
| Feb 21, 2025 | Price Decreased |
$245,000
↓ $5K
(2%) | |
| Price Decreased | |||
| Jan 16, 2025 | Listed by Compass RE Texas, LLC | $250,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017