207 Otter RD
About This Property
Inside, the open-concept layout feels bright and inviting, with expansive living space flowing into the kitchen and plenty of flexibility for everyday life and entertaining. Upstairs, the large loft provides a valuable second living area-perfect for a media room, game room, home office, play space, or comfortable retreat. And the three-car garage is a standout feature, offering coveted extra room for vehicles, storage, hobbies, or recreational gear.
One of the biggest lifestyle advantages is the setting in Cool Springs, where residents have access to an incredible outdoor environment right in the neighborhood. Cool Springs Park encompasses more than 19 acres and features three catch-and-release fishing ponds, approximately 1.86 miles of natural trails, picnic areas, open space, and disc-golf practice holes-giving you places to walk, explore, fish, and unwind without having to leave the community.
The surrounding Kyle area continues to grow, with new construction and residential development nearby, giving buyers the opportunity to purchase in an established home while being surrounded by continued investment and expansion. Current homebuilding activity can be found throughout the Kyle area, reinforcing just how much this part of the Austin metro continues to develop.
From the three-car garage and upstairs loft to the open living spaces, neighborhood trails, fishing ponds, outdoor recreation, and convenient Austin access, this home offers something increasingly difficult to find: the space to live bigger while staying connected to where you need to be.
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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 |
|---|---|---|---|
| Oct 12, 2026 | Price Decreased |
$325,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Sep 25, 2026 | Price Decreased |
$330,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Sep 1, 2026 | Listed by Orchard Brokerage | $335,000 | |
| Listed by Orchard Brokerage | |||
| Aug 11, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jul 15, 2026 | Price Decreased |
$339,000
↓ $1K
(0.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017