$449,900
●
House -
Off Market
2003 Rountree DR #2
Austin, TX 78722
2 Beds
2 Baths,
1
Half Bath
920 Ft²
$2,983
Est. Monthly
4.30%
Cap Rate
About This Property
Location is Key - walk to Manor Road / MLK restaurants and shops
from this stand alone home in a two unit HOA. Each home
maintains their own structure, yard, insurance, etc. No HOA
fees. Modern finishes with designer tile set this unit apart!
The open plan combines the living/dining and has no carpet up
or downstairs. Featuring stainless appliances, built-in
trash drawer, quartz counters, and a convenient laundry area
downstairs. Great layout for guests and easy to entertain in
the shady and private yard.
Unit Size
920 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$489
Property Type
House
Property Taxes
$773
HOA Dues
-
Year Built
1948
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Cap Rate Calculator
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Monthly Rental Income
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Unlock MLS #ACT7730567)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 25, 2024 | In contract | - | |
| In contract | |||
| Jun 12, 2024 | Price Decreased |
$449,900
↓ $8K
(1.7%) | |
| Price Decreased | |||
| May 21, 2024 | Price Decreased |
$457,500
↓ $18K
(3.7%) | |
| Price Decreased | |||
| May 1, 2024 | Price Decreased |
$475,000
↓ $25K
(5%) | |
| Price Decreased | |||
| Apr 17, 2024 | Listed by Presidio Group, REALTORS | $499,900 | |
| Listed by Presidio Group, REALTORS | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Covered Spaces: 1
Total Number of Parking: 2
Parking Features: Attached, Garage, Garage Door Opener
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Breakfast Bar, Ceiling Fan(s), Quartz Counters, Interior Steps, Pantry
Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer/Dryer Stacked, Water Heater
Flooring Type: Tile, Wood
Cooling: Ceiling Fan(s), Central Air
Heating: Central
Living Area: 920
Fireplace Features: None
Exterior Details
Property Type: Residential
Property Sub Type: Single Family Residence
Green Energy Efficient
Property Condition: Resale, Excellent
Year Built: 2019
Year Built Source: Public Records
Unit Style: 1st Floor Entry
View Desription: None
Fencing: Fenced, Wood
Spa Features: None
Levels: Two
Construction Materials: HardiPlank Type
Foundation: Slab
Roof: Composition, Shingle
Exterior Features: Private Yard
Pool Features: None
Lot Features: Gentle Sloping, Trees-Large (Over 40 Ft)
Lot Size Acres: 0.0721
Lot Size Square Feet: 3140.68
Water Source: Public
Financial Details
Tax Year: 2023
Tax Annual Amount: $9,281
Utilities Details
Water Source: Public
Sewer : Public Sewer
Utilities For Property: Electricity Connected, Sewer Connected, Water Connected
Location Details
Directions: Manor Rd. Turn south on Rountree Dr. Back unit. Please don't block drive to unit A's space
Community Features: See Remarks
Other Details
Association Fee Includes: See Remarks
Association Fee Freq: Annually
Association Name: 2003 Rountree Condos
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/17/2024
|
2 Bed
|
2 Bath
|
920 ft²
|
$499,900
2 Bed
2 Bath
920 ft²
|
$449,900
-10.00%
04/17/2024
|
Ron Redder
Presidio Group, REALTORS
|
Building Info
About Rosewood
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Listed by: Ron Redder
Listed Office: Presidio Group, REALTORS - Listing courtesy of Unlock MLS
Phone: (512) 476-1591
Last Updated: 2024-08-28 07:07:21
Data Source: Unlock MLS, MLS# ACT7730567
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Presidio Group, REALTORS - Listing courtesy of Unlock MLS
Phone: (512) 476-1591
Last Updated: 2024-08-28 07:07:21
Data Source: Unlock MLS, MLS# ACT7730567
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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