16613 Brayton Park DR
About This Property
Recent improvements include a new roof (January 2022), an AC unit replaced within the last three years, fresh paint in the primary bedroom, office, and guest bedroom, and newly updated water heaters and toilets (January 2023). The living room is enhanced with four built-in speakers, perfect for entertainment or relaxing evenings at home. The guest bathroom features a newly converted walk-in shower, while the primary shower has been refreshed with new tiles and showerheads. Additional updates include a new ceiling fan in the primary bedroom (June 2024), a stylish chandelier in the dining area (January 2023), and an outdoor ceiling fan for the patio.
The property's private backyard, shaded by mature trees, offers a tranquil retreat for outdoor living and entertainment. Residents of Avery Ranch enjoy access to extensive amenities, including a golf course, tennis and basketball courts, hiking and biking trails, multiple pools, parks, and playgrounds. The community is vibrant with social activities, positioned just 20 minutes from downtown Austin and minutes from the Cap Metro Lakeline Station.
Nearby dining, activities and Dell Children's Hospital enhance the convenience of this location. With an 8.5-mile regional trail and a 226-acre golf course next to a 60-acre lake nearby, outdoor enthusiasts will find plenty to enjoy. Experience a true sense of community and modern living in this beautifully maintained home in the northwest corner of Austin, TX.
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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 |
|---|---|---|---|
| Jun 21, 2024 | In contract | - | |
| In contract | |||
| Jun 15, 2024 | Listed by All City Real Estate Ltd. Co | $495,097 | |
| Listed by All City Real Estate Ltd. Co | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017