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2511 Bridle PATH
About This Property
With ample room to create expansive indoor and outdoor living spaces, the property presents an ideal canvas for bringing a new vision to life. Whether imagining a refined modern residence or a timeless estate, the scale of the lot allows for a home that takes full advantage of its surroundings. Positioned just moments from Lake Austin, neighborhood parks, and the restaurants and shops that define the Tarrytown lifestyle, the location offers both convenience and enduring appeal.
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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 |
|---|---|---|---|
| Sep 3, 2026 | In contract | - | |
| In contract | |||
| Aug 18, 2026 | Price Decreased |
$2,950,000
↓ $250K
(7.8%) | |
| Price Decreased | |||
| May 20, 2026 | Listed by Moreland Properties | $3,200,000 | |
| Listed by Moreland Properties | |||
| |||
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Set on over half an acre in Tarrytown, this property offers a rare opportunity to build a custom residence in one of Central Austin’s most established neighborhoods. The generous lot size provides space and flexibility that is increasingly difficult to find in the area, with mature trees and a setting that allows for both privacy and thoughtful architectural design. With ample room to create expansive indoor and outdoor living spaces, the property presents an ideal canvas for bringing a new vision to life. Whether imagining a refined modern residence or a timeless estate, the scale of the lot allows for a home that takes full advantage of its surroundings. Positioned just moments from Lake Austin, neighborhood parks, and the restaurants and shops that define the Tarrytown lifestyle, the location offers both convenience and enduring appeal.
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| Apr 24, 2026 | Listed by Moreland Properties | $3,200,000 | |
| Listed by Moreland Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017