12802 Carrera DR
About This Property
The living space boasts high ceilings, added windows for abundant natural light and a cozy fireplace, perfect for gatherings. Outdoors the generous lot provides a serene setting for relaxation or entertaining on your deck, surrounded by mature oak trees.
Nestled in the coveted Milwood neighborhood, this home is perfectly positioned for convenience and lifestyle. You're just minutes from a variety of excellent dining options, Starbucks, HEB, a pharmacy, and vibrant nightlife spots. Enjoy the ease of walking to Apple, while also benefiting from quick commutes to major employers like IBM, Samsung, Dell, Visa, Facebook, the Domain, and Whole Foods. Zoned to the nationally acclaimed Westwood High School, one of Austin's best, this location is ideal for families. Located just 18 miles from downtown Austin, you're perfectly positioned to enjoy everything the city has to offer. Refrigerator, washer and dryer can convey with a strong offer. Don't miss out on experiencing Austin living at its best!
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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 |
|---|---|---|---|
| Sep 10, 2025 | In contract | - | |
| In contract | |||
| Aug 18, 2025 | Listed by Compass RE Texas, LLC | $425,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017