1817 Madison Ave
About This Property
Built in 1951, this charming 2-bedroom, 2-bath home offers 1,140 square feet of comfortable living space surrounded by mature trees in one of Central Austin's most beloved neighborhoods.
Inside, the home blends classic character with thoughtful updates including an updated kitchen with modern cabinetry, stainless steel appliances, stylish tile backsplash, and granite countertops. Updated bathrooms and abundant natural light create a space that feels both fresh and inviting.
Step outside to a spacious fenced backyard with a deck ideal for relaxing or entertaining. The approximately 50-foot-wide lot with a side driveway provides flexibility rarely found in central Austin neighborhoods.
Whether you're looking for a move-in ready home, a rental investment, or exploring future expansion possibilities in the evolving Crestview area, 1817 Madison offers a unique opportunity in a prime central Austin location.
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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 |
|---|---|---|---|
| Mar 25, 2026 | In contract | - | |
| In contract | |||
| Mar 6, 2026 | Listed by Keller Williams Realty | $525,000 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017