$1,850,000
●
House -
Off Market
1408 Cullen Ave
Austin, TX 78757
4 Beds
4 Baths,
1
Half Bath
2,781 Ft²
$10,187
Est. Monthly
1.68%
Cap Rate
About This Property
Gorgeous new build in CRESTVIEW! This 4 bedroom | 3 1/2 bath modern
farmhouse also includes a flex/office for plenty of room. Almost
2,800 sq ft full of perfectly tailored design selections with bold
tile, engineered hardwood floors, quartz countertops, stainless
steel appliances, electric vehicle charger, and modern chandeliers.
The perfect place to entertain, the kitchen overlooks the dining,
living (complete with built-in bar) and outdoor living spaces. The
second floor boasts a primary en suite with soaking tub and walk in
shower, and a spacious laundry room, 2 other bedrooms, as well as
another dual-vanity, full bath. Enjoy the built-in outdoor kitchen,
spacious covered patio and beautiful backyard to relax in the
perfect oasis in the middle of Crestview. Mission Homes has been
building homes in Austin since 2019 and uses the most energy
efficient approaches including spray foam insulation and zip panels
for the exterior.
Unit Size
2,781 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$665
Property Type
House
Property Taxes
$1,102
HOA Dues
-
Year Built
2022
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Unlock MLS #ACT7254872)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 22, 2024 | In contract | - | |
| In contract | |||
| Mar 27, 2024 | Price Decreased |
$1,850,000
↓ $50K
(2.6%) | |
| Price Decreased | |||
| Mar 12, 2024 | Price Decreased |
$1,900,000
↓ $25K
(1.3%) | |
| Price Decreased | |||
| Feb 27, 2024 | Price Decreased |
$1,925,000
↓ $25K
(1.3%) | |
| Price Decreased | |||
| Jan 12, 2024 | Listed by Keller Williams Realty | $1,950,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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HOA + Taxes
About Crestview - Wooten
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Listed by: Schuyler Williamson
Listed Office: Keller Williams Realty - Listing courtesy of Unlock MLS
Phone: (512) 448-4111
Last Updated: 2024-05-17 18:52:44
Data Source: Unlock MLS, MLS# ACT7254872
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Keller Williams Realty - Listing courtesy of Unlock MLS
Phone: (512) 448-4111
Last Updated: 2024-05-17 18:52:44
Data Source: Unlock MLS, MLS# ACT7254872
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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