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Map
1712 Alleghany DR
About This Property
The main house offers 4 bedrooms and 2 bathrooms with a thoughtfully updated interior, while the 260 SF ADU provides a fully self-contained second income stream on the same lot. Separate entrances keep the units independent and tenant-ready.
At $549,900, the numbers pencil: $72,000 in annual gross income at a property priced under $550K is a GRM of 7.6 - strong for Austin's market.
Located in the 78741 zip code with quick access to the airport, downtown Austin, Town Lake and the growing South Austin rental demand pool. Whether you owner-occupy the main home and collect ADU income, or run both units as medium-term rentals, the flexibility is built in.
This is a turnkey house hack ready to cashflow!
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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 |
|---|---|---|---|
| Jul 1, 2026 | Delisted | - | |
| Delisted | |||
| Jun 30, 2026 | In contract | - | |
| In contract | |||
| Apr 6, 2026 | Relisted | $549,900 | |
| Relisted | |||
| Apr 5, 2026 | In contract | - | |
| In contract | |||
| Jan 11, 2026 | Relisted | $549,900 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017