2521 Mathias LN
About This Property
Positioned between the growing cities of Austin and San Marcos, the property benefits from planned and ongoing developments in the surrounding area, offering strong long-term upside for builders, developers, and land investors looking to secure acreage in one of Central Texas' fastest-growing regions. Buyer to verify development possibilities.
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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 |
|---|---|---|---|
| Apr 21, 2026 | Price Increased |
$1,500,000
↑ $500K
(50%) | |
| Price Increased | |||
| Mar 20, 2026 | Listed by Ideal Realty | $1,000,000 | |
| Listed by Ideal Realty | |||
| May 20, 2024 | In contract | - | |
| In contract | |||
| May 12, 2024 | Price Decreased |
$550,000
↓ $250K
(31.3%) | |
| Price Decreased | |||
| Mar 6, 2024 | Price Decreased |
$800,000
↓ $200K
(20%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017