13097 Avis RD
About This Property
Currently generating $4,100 per month in rental income from three tenants, this property is set up for immediate cash flow. One tenant benefits from a second driveway leading to a private section at the rear of the property, offering flexibility for future expansion or development. With easy access to growing Austin-area employment and business centers, this versatile property at $592,000 is a solid investment with significant potential. Don't miss this income-generating opportunity in a prime Central Texas location!
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jan 5, 2025 | No longer available | - | |
| No longer available | |||
| Nov 27, 2024 | Price Decreased |
$542,000
↓ $50K
(8.5%) | |
| Price Decreased | |||
| Nov 7, 2024 | Listed by Spyglass Realty | $592,000 | |
| Listed by Spyglass Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017