36
Map
1518 Frontier Valley DR
About This Property
The bright, open floor plan is designed for both everyday living and entertaining, highlighted by a beautifully appointed kitchen featuring Carrera marble countertops and matching backsplash, ample workspace, and timeless finishes. Just beyond the main living area, a spacious screened-in porch with imported tile flooring provides an inviting extension of the home and an ideal space for relaxing, dining, or entertaining year-round.
A first-floor guest bedroom with an adjacent full bath adds valuable flexibility for visitors, multigenerational living, or a private workspace. Upstairs, the spacious primary suite is joined by an additional bedroom, dedicated office, and conveniently located laundry area, creating a functional layout with plenty of separation between living and work spaces.
The location puts some of Austin's most popular destinations within easy reach. Downtown Austin is approximately 5.5 miles away, with Secret Beach at Lady Bird Lake just 1.7 miles, H-E-B Plus on Riverside 2.2 miles, Austin-Bergstrom International Airport 3.1 miles, Oracle Headquarters 2.8 miles, Mueller Lake Park and surrounding shopping approximately 6 miles, and Tesla Gigafactory Texas just 6.8 miles away.
Additional improvements include a 2025 HVAC system backed by a 10-year warranty, providing added comfort and peace of mind. With its updated interior, versatile floor plan, inviting outdoor living space, and convenient access to Downtown, the airport, major employers, recreation, shopping, and dining, this move-in-ready home offers an exceptional opportunity to enjoy Central East Austin living.
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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 |
|---|---|---|---|
| Oct 13, 2026 | Price Decreased |
$494,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Oct 6, 2026 | Relisted | $499,000 | |
| Relisted | |||
| Sep 27, 2026 | In contract | - | |
| In contract | |||
| Sep 9, 2026 | Price Decreased |
$499,000
↓ $11K
(2.2%) | |
| Price Decreased | |||
| Jul 17, 2026 | Listed by Spyglass Realty | $510,000 | |
| Listed by Spyglass Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017