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2006 Wheless LN
About This Property
This 1,850 sq ft, 4-bedroom, 3-bath home pairs a full ground-up renovation with an oversized, tree-canopied lot in the heart of Central Austin.
Vaulted ceilings carry through the main living space, pulling in natural light and giving the open-concept living, dining, and kitchen room to breathe. The kitchen is built to be the center of the house, not just the room next to it - custom cabinetry, a waterfall-edge granite island, and clean sightlines into the living room make it as functional for a weeknight dinner as it is for hosting a crowd.
The primary suite steps outside to its own private deck, overlooking a backyard shaded by mature trees and framed by a fenced-in privacy hedge - the kind of setting built for a firepit, a quiet morning, or an evening that runs late. Three additional bedrooms and two more full baths, each finished with the same attention to detail, round out the floor plan.
Mueller's restaurants, coffee shops, and weekly farmers market are a short drive or bike ride away, downtown is minutes down the road, and the lot itself - mature, shaded, and generously sized - is increasingly rare this close to the urban core.
Move-in ready, thoughtfully renovated, and set in a neighborhood that's only getting harder to break into.
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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 |
|---|---|---|---|
| Aug 28, 2026 | In contract | - | |
| In contract | |||
| Aug 14, 2026 | Listed by Keller Williams Realty | $724,500 | |
| Listed by Keller Williams Realty | |||
| Aug 12, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jul 30, 2026 | Price Decreased |
$749,000
↓ $50K
(6.3%) | |
| Price Decreased | |||
| Jul 30, 2026 | Relisted | $799,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017