1916 W 37th ST
About This Property
6,311 SF corner lot with frontage on both W 37th St & Jackson Ave, plus valuable alley access - ideal for rear-entry garage and flexible site planning.
SF-3 zoning with strong redevelopment potential
Opportunity for main home + detached ADU (or multi-unit under current Austin HOME guidelines)
Flat, usable lot with a straightforward building envelope
No known floodplain, creek buffer, historic, or NCCD restrictions
Corner + alley setup allows for separate entrances, added privacy, and easier parking
Located in Central Austin near The Grove and downtown - a prime opportunity for builders, investors, or end users looking to create something intentional.
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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 |
|---|---|---|---|
| Sep 1, 2026 | No longer available | - | |
| No longer available | |||
| Jul 9, 2026 | Price Decreased |
$500,000
↓ $50K
(9.1%) | |
| Price Decreased | |||
| Apr 21, 2026 | Listed by Twelve Rivers Realty | $550,000 | |
| Listed by Twelve Rivers Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017