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About This Property
The existing two-story home is 1,976 sqft, 4 bedrooms, 2 full baths, a fireplace, and an attached 2-car garage. The home was built in 1975 and has great bones. Renovate it into something special, take it down and build from scratch, or hold the lot while you plan your next move. The 0.418-acre cul-de-sac position gives you flexibility that a standard lot simply can't offer: more setback options, a wider footprint, and the kind of privacy that's nearly impossible to recreate in central Austin at any price.
Located in Austin ISD & Barton Hill Elementary, this home is just minutes from downtown, Zilker Park, and South Lamar. The location alone justifies a serious look and Barton Hills doesn't give up opportunities like this often. Offered as-is. Ideal for investors, builders, or buyers ready to design something worth keeping.
Information provided by seller & to be independently verified by the purchaser.
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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 |
|---|---|---|---|
| Jun 13, 2026 | In contract | - | |
| In contract | |||
| Apr 8, 2026 | Listed by eXp Realty, LLC | $1,050,000 | |
| Listed by eXp Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017