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1507 Edgewood Ave
About This Property
Perfectly proportioned for comfort and luxury, the home boasts 3BD/2BA, all-new kitchen with custom cabinets and stainless appliances, open living room with a wet bar and expansive glass sliders opening to a covered patio, luxurious primary suite with vaulted ceilings, spa-like bathroom and walk-in closet with plenty of room for shoes, laundry/mud room, brand new, sparkling pool, spacious private yard, ideal for adding an ADU, new plumbing and electrical systems, new HVAC, high-end Brizo plumbing fixtures and finishes, beautiful solid hardwood floors, 324 SF covered back porch, 190 SF covered front porch, single car garage.
Enjoy the vibrant community of Cherrywood, renowned for its local eateries, coffee houses, live music venues, and brewpubs. Conveniently located minutes from downtown Austin, and within walking distance to the soon-to-be-reopened Pharr Tennis Center, this home offers the best of urban living with a neighborhood feel.
Don't miss your chance to live just minutes from downtown in this truly exceptional home. Arterberry Cooke Architects, featured in Forbes Home, Tribeza, Domino, HGTV, Hunker, Modern Luxury Interiors, and more, have seamlessly combined modern luxury with Cherrywood's timeless charm in this stunning residence. Construction by Captex. Pool by Native Waterscapes. Buyer agent friendly.
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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 |
|---|---|---|---|
| Feb 2, 2025 | No longer available | - | |
| No longer available | |||
| Dec 16, 2024 | Price Decreased |
$1,250,000
↓ $45K
(3.5%) | |
| Price Decreased | |||
| Sep 27, 2024 | Relisted | $1,295,000 | |
| Relisted | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| Sep 4, 2024 | Listed by Compass RE Texas, LLC | $1,295,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017