Welcome to 2502 Side Cove, a modern oasis nestled on a private
.41-acre cul-de-sac lot in the vibrant Barton Hills neighborhood of
Austin. This completely redesigned & remodeled home offers 2,812
square feet of sophisticated living space with an open floor plan
featuring wide plank oak flooring and oversized Italian tile. The
heart of the home is a chef-inspired kitchen with custom cabinetry,
waterfall quartz countertops, a breakfast bar, and a professional
Thermador gas range. The living area showcases a vaulted ceiling
and fireplace, creating a warm and inviting space for everyday
living and entertaining. The layout includes two primary suites
with ensuite baths, one featuring a dedicated lounge/office with
private patio access-ideal for remote work. A second living area
with direct outdoor access offers flexibility as a media room,
guest suite, or potential fifth bedroom. Additional highlights
include a dry bar in the formal dining area, smart home features,
and extensive custom storage throughout. Set on an expansive
0.41-acre lot, the backyard presents a rare opportunity to
customize your ideal outdoor living space. Whether envisioning a
landscaped yard, expanded entertaining area, or a completely
reimagined outdoor retreat, the possibilities are wide open. With
its seamless blend of modern design, functional flexibility, and
prime location, this home offers a unique opportunity to create a
personalized indoor-outdoor experience in one of Austin's most
desirable neighborhoods.
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.
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