204 W Covington DR
About This Property
Relax in your own oasis with an amazing outdoor living space featuring a custom patio with breeze block, refreshing cowboy pool, drought-tolerant landscaping, and privacy fencing. The built-ins throughout the home provide ample storage space, while the greenhouse out back offers the perfect spot to cultivate your green thumb.
The location is unparalleled! Under 5 minutes to Q2 and the Domain, along with neighborhood access to Walnut Creek Greenbelt and Walnut Bluffs Trailhead. Enjoy the yearly holiday festivities, which include a Fourth of July parade and neighborhood potlucks.
Don't miss out on this unique opportunity to own a piece of Austin history with all the modern conveniences you could dream of.
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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 |
|---|---|---|---|
| Feb 28, 2024 | In contract | - | |
| In contract | |||
| Feb 20, 2024 | Listed by Waterloo Realty, LLC | $575,000 | |
| Listed by Waterloo Realty, LLC | |||
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About Eubank Acres
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Listed Office: Waterloo Realty, LLC - Listing courtesy of Unlock MLS
Phone: (512) 750-6280
Last Updated: 2024-03-20 18:05:22
Data Source: Unlock MLS, MLS# ACT4184683
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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