2111 Wright ST
About This Property
The home itself has been thoughtfully remodeled over time, evolving into a space that balances comfort with clean, modern functionality. The open-concept kitchen anchors the main living area with quartz countertops, a designer backsplash, and a walk-in pantry and laundry combination that feels both practical and quietly luxurious. The addition of a spacious primary suite brings a true retreat to the home, complete with a large walk-in closet and a well-appointed ensuite bath.
Multiple living spaces offer flexibility for the rhythm of daily life. A large bonus room stands ready as a game room, home office, or creative studio, while a separate secondary living area provides a more intimate setting-ideal for morning coffee, a good book, or conversations that stretch a little longer than planned. The screened-in porch extends the living experience outdoors, inviting relaxed evenings without the usual Texas intrusions.
Wrapped in durable Hardiplank siding and designed for both everyday living and easy entertaining, the home pairs substance with style in all the right places.
And then there's the location-arguably one of the most compelling features. Just moments away are Barton Springs Pool, Zilker Park, and the iconic Ann and Roy Butler Hike-and-Bike Trail, offering nearly 10 miles of lakeside trails. Downtown Austin is just minutes away, along with neighborhood favorites like Alamo Drafthouse, and the highly regarded Zilker Elementary School. It's a location that doesn't just check boxes-it defines the lifestyle.
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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 |
|---|---|---|---|
| May 2, 2026 | In contract | - | |
| In contract | |||
| Apr 23, 2026 | Listed by Compass RE Texas, LLC | $1,325,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017