38
Map
$350,000
●
House -
Off Market
1516 Turtle Creek BLVD
Austin, TX 78745
3 Beds
2 Baths
1,260 Ft²
$2,354
Est. Monthly
4.95%
Cap Rate
About This Property
KNOW BEFORE YOU GO ~ Home is priced accordingly because of
foundation issues... however, CenTex Foundation Repair has
confirmed lifetime warranty is transferable to the new owner.
This cozy charmer is conveniently located in 78745 between William Cannon and Stassney in the popular Southwest Park neighborhood. This beauty features 3 bedrooms, 2 full bathrooms, 2-car garage and living room with an oversized fireplace. Gorgeous luxury vinyl plank flooring has been installed throughout the home (ceramic tile in bathrooms)... no carpet here. Living room skylights allow for an abundance of natural light. Kitchen boasts spacious built-in cabinets with Viking gas stove, quartz counters, and KitchenAid refrigerator and dishwasher. Backyard is a mini oasis with beautiful live oaks and various types of native plants (see attached list). Easy access to everyday essentials including Whole Foods, HEB, Costco, and Sunset Valley shopping and dining options. Plus, you'll enjoy the perfect balance of suburban tranquility with nearby parks, trails, and community pools. See attached list of over $41k of upgrades. HVAC replaced 2021.
This cozy charmer is conveniently located in 78745 between William Cannon and Stassney in the popular Southwest Park neighborhood. This beauty features 3 bedrooms, 2 full bathrooms, 2-car garage and living room with an oversized fireplace. Gorgeous luxury vinyl plank flooring has been installed throughout the home (ceramic tile in bathrooms)... no carpet here. Living room skylights allow for an abundance of natural light. Kitchen boasts spacious built-in cabinets with Viking gas stove, quartz counters, and KitchenAid refrigerator and dishwasher. Backyard is a mini oasis with beautiful live oaks and various types of native plants (see attached list). Easy access to everyday essentials including Whole Foods, HEB, Costco, and Sunset Valley shopping and dining options. Plus, you'll enjoy the perfect balance of suburban tranquility with nearby parks, trails, and community pools. See attached list of over $41k of upgrades. HVAC replaced 2021.
Unit Size
1,260 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$278
Property Type
House
Property Taxes
$635
HOA Dues
-
Year Built
1979
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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: 2 years ago (Unlock MLS #ACT5489550)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 15, 2025 | Delisted | - | |
| Delisted | |||
| Jul 9, 2025 | In contract | - | |
| In contract | |||
| Jun 30, 2025 | Price Decreased |
$350,000
↓ $10K
(2.8%) | |
| Price Decreased | |||
| Jun 6, 2025 | Price Decreased |
$360,000
↓ $15K
(4%) | |
| Price Decreased | |||
| May 19, 2025 | Price Decreased |
$375,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Garrison Park
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Listed by: Andrea McShane
Listed Office: Coldwell Banker Realty - Listing courtesy of Unlock MLS
Phone: (512) 343-7500
Last Updated: 2025-07-15 04:32:28
Data Source: Unlock MLS, MLS# ACT5489550
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Coldwell Banker Realty - Listing courtesy of Unlock MLS
Phone: (512) 343-7500
Last Updated: 2025-07-15 04:32:28
Data Source: Unlock MLS, MLS# ACT5489550
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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