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1704 Shelbourne DR
About This Property
Pool + sunroom + charm in the heart of Austin - this one checks all the boxes.
Warm and inviting 3-bedroom, 2-bath home offering 1,556 square feet of thoughtfully designed living space. Bright, open living areas create effortless flow for everyday living and easy entertaining, with natural light enhancing the welcoming feel throughout.
The spacious living room connects seamlessly to the kitchen, while a standout light-filled sunroom offers the perfect flex space for a home office, creative studio, workout room, or relaxed morning coffee retreat overlooking the backyard.
Step outside to your private oasis featuring a sparkling pool - ideal for cooling off during long Austin summers, hosting weekend gatherings, or unwinding after a busy day. The backyard provides space to lounge, dine, and enjoy indoor-outdoor living year-round.
Three comfortable bedrooms offer flexibility for guests, remote work, or growing households.
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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 |
|---|---|---|---|
| Aug 26, 2026 | Price Decreased |
$395,000
↓ $25K
(6%) | |
| Price Decreased | |||
| Jul 31, 2026 | Relisted | $420,000 | |
| Relisted | |||
| Jul 23, 2026 | In contract | - | |
| In contract | |||
| Jul 11, 2026 | Price Decreased |
$420,000
↓ $155K
(27%) | |
| Price Decreased | |||
| Jul 4, 2026 | Relisted | $575,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017