2108 Lanier DR
About This Property
Nestled in one of Austin's most walkable neighborhoods, enjoy a vibrant central living lifestyle, with nearby parks, local eateries, and conveniences just a stroll away. For the discerning buyer who values thoughtful design and unbeatable location, this home is a must-see. *Square footage does not include detached studio (approx 207sqft)*
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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 |
|---|---|---|---|
| Mar 31, 2026 | In contract | - | |
| In contract | |||
| Mar 14, 2026 | Price Decreased |
$699,000
↓ $25K
(3.5%) | |
| Price Decreased | |||
| Feb 21, 2026 | Price Decreased |
$724,000
↓ $25K
(3.3%) | |
| Price Decreased | |||
| Jan 26, 2026 | Listed by Compass RE Texas, LLC | $749,000 | |
| Listed by Compass RE Texas, LLC | |||
| Sep 2, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017