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1307 Meadgreen DR
About This Property
Major improvements include a NEW roof, NEW HVAC system and ductwork, NEW water heater, NEW energy-efficient windows, NEW doors and trim, updated electrical fixtures, fresh interior and exterior paint, and NEW luxury vinyl plank flooring throughout. The redesigned kitchen anchors the open-concept living space with quartz countertops, stainless steel appliances, contemporary cabinetry and finishes, and plenty of room for everyday living and entertaining.
Large windows and an open floor plan fill the home with natural light, creating a bright and inviting atmosphere. The bathrooms have also been beautifully updated with new tile, vanities, fixtures, and modern finishes.
Outside, enjoy a NEW deck overlooking the backyard, along with a large storage shed providing valuable additional space.
Ideally located in the heart of North Austin with quick access to Q2 Stadium, The Domain, Walnut Creek Metropolitan Park, Downtown Austin, and UT, plus convenient commutes to major employers including Apple, Dell, and Samsung. With extensive renovations, major mechanical updates, and a convenient North Austin location, this home represents an outstanding value and a truly turnkey opportunity.
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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 14, 2026 | In contract | - | |
| In contract | |||
| Aug 28, 2026 | Listed by Spyglass Realty | $399,000 | |
| Listed by Spyglass Realty | |||
| Mar 6, 2026 | In contract | - | |
| In contract | |||
| Mar 3, 2026 | Relisted | $250,000 | |
| Relisted | |||
| Feb 26, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017