25
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15210 Mimebark WAY
About This Property
The living area centers around a gas-start fireplace, while the functional single-level floor plan offers comfortable everyday living. Step outside to a covered back patio overlooking a flat, private backyard with plenty of room to relax, play, garden, or entertain. Additional features include a two-car garage, newer water heater, and water softener, both installed in 2024.
Located within Del Valle ISD, Forest Bluff residents enjoy neighborhood amenities including a picnic pavilion and sport court. Conveniently situated approximately 15 minutes from Austin-Bergstrom International Airport and the Tesla Gigafactory and approximately 25 minutes from Downtown Austin, this home offers an appealing combination of updates, space, and accessibility. Survey available.
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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 20, 2026 | Price Decreased |
$235,000
↓ $10K
(4.1%) | |
| Price Decreased | |||
| Sep 23, 2026 | Relisted | $245,000 | |
| Relisted | |||
| Sep 18, 2026 | In contract | - | |
| In contract | |||
| Aug 27, 2026 | Listed by The Marye Company | $245,000 | |
| Listed by The Marye Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017