26
Map
2000 Lightsey RD #3
About This Property
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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%.
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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 |
|---|---|---|---|
| Apr 15, 2026 | In contract | - | |
| In contract | |||
| Mar 20, 2026 | Price Decreased |
$259,000
↓ $6K
(2.2%) | |
| Price Decreased | |||
| Mar 14, 2026 | Price Decreased |
$264,900
↓ $2K
(0.8%) | |
| Price Decreased | |||
| Dec 2, 2025 | No longer available | - | |
| No longer available | |||
| Dec 2, 2025 | Listed by Keller Williams Realty | $267,000 | |
| Listed by Keller Williams Realty | |||
| |||
|
Own in the heart of South Lamar for under $270K. Located just two miles from downtown Austin, this charming 2-bedroom condo offers the perfect blend of lifestyle, location, and low-maintenance living in one of the city’s most desirable neighborhoods. Tucked into a quiet six-unit townhouse-style community, the home features bamboo flooring, an open living and dining area, and a kitchen with granite countertops, stainless steel appliances, and contemporary finishes. Upstairs you’ll find two spacious bedrooms and an updated bathroom, creating a comfortable retreat separate from the main living area. Step outside to enjoy your private fenced patio, perfect for morning coffee or relaxing evenings. The unit includes assigned parking plus guest parking, making daily living convenient. The HOA covers water, gas, exterior insurance, landscaping, and common maintenance, helping keep monthly ownership costs predictable. Located just minutes from South Lamar’s iconic restaurants, coffee shops, live music venues, Zilker Park, and Barton Springs, this home offers the ultimate 78704 lifestyle with easy access to downtown. Rentals allowed with a 2+ month minimum, offering flexibility for homeowners or investors seeking mid-term rental opportunities.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/06/2025
|
2 Bed
|
1 Bath
|
832 ft²
|
$275,000
2 Bed
1 Bath
832 ft²
|
-
-
|
Ginna Smith
Keller Williams - Austin SW
| |
|
06/18/2021
|
2 Bed
|
1 Bath
|
832 ft²
|
$325,000
2 Bed
1 Bath
832 ft²
|
-
-
|
Kristen Williams
Keller Williams - Austin SW
| |
|
03/25/2021
|
2 Bed
|
1 Bath
|
832 ft²
|
$279,000
2 Bed
1 Bath
832 ft²
|
-
-
|
Mary Daniels
Keller Williams - Austin SW
| |
|
07/09/2017
| |
2 Bed
|
1 Bath
|
832 ft²
|
-
2 Bed
1 Bath
832 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017