2107 Wright ST
About This Property
Inside, warm original hardwood floors flow through the downstairs living spaces, while bamboo flooring upstairs adds a natural touch. The open-concept kitchen features sleek Silestone countertops, perfect for both cooking and entertaining. Built-ins in the living room provide character and function, and a true dedicated laundry room adds everyday convenience. The primary suite is a private retreat with vaulted ceilings, a spa-like bath, and a balcony-an ideal spot for morning coffee. A standing seam metal roof adds durability and modern appeal.
For those who love to garden, the outdoor space is a dream. A drip irrigation system and rainwater harvesting tanks help maintain lush landscaping, while a charming chicken coop offers fresh eggs just steps from your door. A 196-square-foot shed provides ample storage, and the screened porch in the back is perfect for relaxing year-round. After a day in the garden, cool off in the 8-foot stock tank pool, complete with a detached deck.
Located just minutes from South Lamar's best dining and entertainment, enjoy easy access to favorites like Loro, Uchi, and Patika Coffee. Zilker Park and Barton Springs are nearby for outdoor adventures, and downtown Austin is just a short bike-ride or drive away, offering the perfect balance of city convenience and neighborhood charm. Fourth bedroom currently configured as a dedicated office.
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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 |
|---|---|---|---|
| Apr 2, 2025 | In contract | - | |
| In contract | |||
| Mar 27, 2025 | Listed by Compass RE Texas, LLC | $1,299,900 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017