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12421 Painted Bunting DR
About This Property
Nestled among mature trees on a peaceful 2.47-acre lot, this charming single-story home offers the perfect balance of privacy, comfort, and convenience. Inside, you'll find a spacious layout featuring upgraded luxury vinyl plank flooring, an updated kitchen, renovated bathrooms, and a bright sunroom where you can enjoy beautiful views of the surrounding landscape year-round.
One of the home's standout features is the durable metal roof, providing long-term value and peace of mind. Additional improvements include a new well pump installed in 2025 and a freshly recoated rear deck, making this property move-in ready while still offering opportunities to add your own personal touches.
Step outside to the oversized deck and experience the true highlight of the property. Whether you're enjoying your morning coffee, hosting friends and family, watching wildlife, or taking in spectacular sunsets, this expansive outdoor living space is designed to be enjoyed. The private backyard setting and breathtaking natural views create a rare sense of tranquility that's increasingly difficult to find in Austin.
If you've been searching for acreage, mature trees, scenic views, generous outdoor living space, and a home with meaningful updates already completed, this property is a must-see.
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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 4, 2026 | In contract | - | |
| In contract | |||
| Aug 9, 2026 | Price Decreased |
$850,000
↓ $45K
(5%) | |
| Price Decreased | |||
| Jun 5, 2026 | Listed by Keller Williams Realty | $895,000 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017