$547,000
●
House -
Off Market
1208 Cedar Ave
Austin, TX 78702
2 Beds
2 Baths
924 Ft²
$2,686
Est. Monthly
About This Property
Welcome home to this charming 2 bed/2 bath home in hip East Austin.
Nestled in a vibrant, walkable community, this neighborhood is
ideal for evening strolls and morning jogs or walks on the Boggy
Creek trail. It's conveniently walkable to public transportation,
including metro and bus stops, making commuting a breeze. You'll
also find local favorites like Houndstooth, Community Garden, Nixta
(2 doors down), and other restaurants just a short walk away. Enjoy
the proximity to the University of Texas campus, Dell Medical
Center, and vibrant downtown Austin. The large landscaped yard is
perfect for entertaining, and there's plenty of space to add a
second dwelling, offering incredible potential for expansion or
income. Don't miss the chance to make this exceptional East Austin
gem your own!
Unit Size
924 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$592
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1930
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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 #ACT9692012)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 4, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jun 26, 2025 | Listed by Zen Properties | $547,000 | |
| Listed by Zen Properties | |||
| Aug 3, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jun 18, 2024 | Price Decreased |
$493,000
↓ $4K
(0.8%) | |
| Price Decreased | |||
| Jun 12, 2024 | Listed by Zen Properties | $497,000 | |
| Listed by Zen Properties | |||
| | |||
|
Calling all investors. Welcome home to this charming 2bed/2bath home in vibrant East Austin. Convenient location for commuting to Downtown, UT Campus, Dell Medical Center, etc. Spacious landscaped yard. The patio is perfect for morning coffee or evening drinks. When you decide to venture out, there's no shortage of trendy shops and amazing bars/restaurants just steps away. Highly acclaimed Nixta Tacos is 2 doors down. New Roof and HVAC (2024)
Current tenant under lease until 6/1/25 Appointment only. Please do not disturb tenant.
| |||
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Property Highlights
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Chestnut
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Listed by: John Plemmons
Listed Office: Zen Properties - Listing courtesy of Unlock MLS
Phone: (512) 809-8683
Last Updated: 2025-07-04 04:59:58
Data Source: Unlock MLS, MLS# ACT9692012
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Zen Properties - Listing courtesy of Unlock MLS
Phone: (512) 809-8683
Last Updated: 2025-07-04 04:59:58
Data Source: Unlock MLS, MLS# ACT9692012
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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