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Map
1611 Alameda DR
About This Property
And for all you history buffs, the Mather House was once featured in the 1988 Austin Home Tour. Also, in 1976, in honor of the nation's bicentennial, the City of Austin created an Oak Tree Registry. Included was the live oak in the front yard of 1611 Alameda, chosen under the criteria of trees being "exceptionally old, tall, large in diameter, well-shaped, rare, historically significant or otherwise unique." There will be no doubt when you visit the property why both the tree and home were selected! The tree is stunning, and the home is magnificent beyond words. New survey in the works. Don't wait too long on this one--properties like this on a double lot in highly sought after Travis Heights are a RARE FIND!
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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 |
|---|---|---|---|
| Jun 18, 2025 | In contract | - | |
| In contract | |||
| May 19, 2025 | Price Decreased |
$1,395,000
↓ $200K
(12.5%) | |
| Price Decreased | |||
| Apr 26, 2025 | Listed by Compass RE Texas, LLC | $1,595,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017