2605 Rae Dell Ave
About This Property
Step inside and be greeted by high ceilings and beautiful hardwood floors that flow seamlessly throughout the main living areas. The open-concept living space is perfect for entertaining, featuring a cozy fireplace for those cooler evenings. The kitchen is a chef's delight. For those who work from home, the dedicated home office offers a quiet and productive space. The primary suite is a true retreat, boasting a luxurious soaking tub, double vanities, and a walk-in closet to satisfy all your storage needs. Each additional bedroom is generously sized, providing ample space for relaxation and privacy. This stunning home boats a versatile upstairs game room, perfect for entertainment, complete with a kitchenette for easy snacking and drinks. Step out onto the upstairs deck from the game room to enjoy views and fresh air. The home is equipped with two laundry areas for maximum efficiency and ensuring convenience for everyone.
Outside, your very own oasis awaits. Die into the pool, or relax on the upstairs deck and soak up the Austin sun. The private outdoor space is perfect for gatherings, with a pool that's ready for a splash at any moment.
Embrace the vibrant lifestyle Austin has to offer while enjoying the comfort and luxury of this incredible home. You'll love the easy access to some of the city's best attractions including Zilker Park, the lively South Lamar district with its eclectic mix of shops and eateries, and the bustling energy of downtown Austin. Experience the best of Austin living right at your doorstep!
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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 18, 2025 | In contract | - | |
| In contract | |||
| Mar 27, 2025 | Listed by Compass RE Texas, LLC | $2,899,000 | |
| Listed by Compass RE Texas, LLC | |||
| Feb 15, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Feb 12, 2025 | Price Decreased |
$2,849,000
↓ $50K
(1.7%) | |
| Price Decreased | |||
| Jan 3, 2025 | Price Decreased |
$2,899,000
↓ $26K
(0.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017