12801 Iron Bridge DR
About This Property
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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 |
|---|---|---|---|
| May 9, 2024 | In contract | - | |
| In contract | |||
| Apr 18, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Apr 18, 2024 | Listed by KW-Austin Portfolio Real Estate | $600,000 | |
| Listed by KW-Austin Portfolio Real Estate | |||
| Mar 29, 2024 | Listed by Compass RE Texas, LLC | $625,000 | |
| Listed by Compass RE Texas, LLC | |||
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Exquisite contemporary beauty just south of Austin in Manchaca’s Bear Creek Crossing. Built in 2020, this home lives like new! Big saving with a super low 1.46 tax rate. Excellent curb appeal with a lovely stucco & stone façade, lush landscaping, and a two-car garage. This home backs to a line of woods proving a serene tree-filled backdrop from the entire backside of the home. Inside you will find 4 bedrooms, a home office, two full baths, two half baths, and a luminous open floor plan with a stunning chef-inspired kitchen and a formal dining area. Featuring tall ceilings, luxury vinyl plank flooring, LED recessed lighting, stylish modern finishes, and a cozy fireplace. Amazing entertainer’s island kitchen with SS appliances, quartz countertops, subway tile backsplash and under-lit Shaker style cabinetry. The primary suite is secluded away at the back of the home with oversized bay windows overlooking the woods behind the home plus a private ensuite bath and walk-in closet. Two dedicated bedrooms are secluded away in their own hallway off the entry foyer. Upstairs you will find a large flex space that could be a 4th bedroom or a bonus living area with a half bath and large storage closet. Your living space extends onto the covered back porch, where you can relax and entertain with unobstructed views of the woods behind the home. Also enjoy a perfectly sized fenced-in yard with plenty of space to play and grow. Bear Creek Crossing is a well-maintained suburban community with sidewalks and an HOA pool & park. Fantastic location just south of Austin with easy access to I-35 & 1626. Nearby you will find the burgeoning South Menchaca entertainment district, Southpark Meadows, and charming Buda. Retail, restaurants, grocery stores, and entertainment spots galore. AISD schools. Come and live the peaceful suburban life just 14 miles from the hustle and bustle of Downtown Austin. Take the 3D virtual tour and schedule a showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017