40
Map
2401 Lehigh DR
About This Property
Inside, a bright multi-level layout includes a renovated kitchen with quartz countertops, soft-close cabinetry, and stainless steel appliances. The living room features a cozy fireplace, thoughtful built-ins, and serene tree views. Upstairs, the primary suite opens to a private balcony overlooking the greenbelt - uninterrupted nature as far as you can see.
Step outside to a spacious deck and shady yard, plus an additional .23 acres beyond the fence on a conservation easement - meaning no future development behind you. Just trees, wildlife, and long-term privacy.
Extensive upgrades include updated plumbing and PVC drain lines (2021), new electrical panel, energy-efficient windows, new flooring, fresh paint, EV charger, sprinkler system, French drains, and new driveway (2021).
Under 10 minutes to Mueller and about 12 minutes to Downtown Austin and ABIA - all while enjoying the majesty of your own slice of greenbelt coupled with the character of a mature neighborhood.
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Cap Rate Calculator
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 1, 2026 | No longer available | - | |
| No longer available | |||
| Jan 28, 2026 | Price Decreased |
$650,000
↓ $39K
(5.7%) | |
| Price Decreased | |||
| Dec 24, 2025 | Price Decreased |
$689,000
↓ $11K
(1.6%) | |
| Price Decreased | |||
| Oct 15, 2025 | Listed by Compass RE Texas, LLC | $700,000 | |
| Listed by Compass RE Texas, LLC | |||
| Jul 24, 2024 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017