1809 Sylvan DR
About This Property
by and for the owner. This home is truly unique in a neighborhood that is seeing a lot of investment. Location, location!
The East Travis Heights location is as good as it gets; only 5 minutes away from downtown, East Austin, and the Lady Bird Lake Hike & Bike Trail. This mid-century ranch style home preserves the character of its original personality with upgraded aesthetic and functionality for a modern lifestyle. The design features flat, modern walls, concrete flooring and a stunning open kitchen that is a chef's and entertainer's dream. This home boasts incredible natural light
throughout the day. The zen garden off the living room is perfect for your morning meditation or evening wind-down.
The back "studio" room, currently set up as a work-from-home/artist's room, can easily be transformed into a formal third bedroom (see attached design/construction plans for ideas and contact the agent for more details). The freestanding wood burning stove, tall ceilings with exposed wood beams, and array of windows make this room a jewel of the home. The primary bedroom has a large walk-in closet, backyard access, and an en suite bath with an oversized walk-in shower. The renovation included the build-out of a gorgeous laundry room with plenty of counter space and
cabinets, plus a generously sized built-in pantry. As you approach from the street, be sure to take note of the local artist mural which is beautifully showcased by the wall of windows in the front hallway.
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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 |
|---|---|---|---|
| Jul 2, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jun 12, 2026 | Listed by eXp Realty, LLC | $850,000 | |
| Listed by eXp Realty, LLC | |||
| Apr 29, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Apr 8, 2026 | Price Decreased |
$799,000
↓ $86K
(9.7%) | |
| Price Decreased | |||
| Mar 27, 2026 | Relisted | $885,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017