1304 Pasadena DR
About This Property
Wildflowers and drought-resistant native plants adorn the front yard. A newly-built privacy fence surrounds the large, beautifully landscaped backyard, making it perfect for quiet mornings with a cup of coffee or lively gatherings with family and friends. Living here means being just a short stroll from local favorites like Little Deli, Fresh Plus, and Violet Crown Wine & Coffee, with Brentwood Park and Brentwood Elementary just around the corner. With its ideal location and warm, inviting spaces, this home is a rare gem in the heart of one of Austin's most cherished neighborhoods.
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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 |
|---|---|---|---|
| Apr 1, 2025 | In contract | - | |
| In contract | |||
| Mar 27, 2025 | Listed by Compass RE Texas, LLC | $749,900 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017