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2661 Piping Rock TRL
About This Property
Step inside to find soaring vaulted ceilings, abundant natural light, and an open-concept floor plan that seamlessly connects the living, dining, and kitchen areas - perfect for both everyday living and entertaining. The kitchen is a showstopper, with brand-new stainless appliances, a gas range, built-in microwave drawer, French-door fridge, and a stunning waterfall-edge quartz island that anchors the space.
The spacious primary suite offers a peaceful retreat, with a spa-like bathroom featuring an oversized walk-in shower and a closet large enough to impress even the most dedicated fashion lover. Down the hall are two additional bedrooms and a beautifully appointed full bath with a double vanity. At the front of the home, you'll find a fourth bedroom that doubles as a second living area, media room, or guest space - complete with built-in storage.
One of the home's most versatile features is the detached, 160 SF climate-controlled casita - ideal for a home office, gym, studio, or guest quarters.
Out back, enjoy a private outdoor sanctuary with multiple decks and seating areas, native landscaping, fruit trees, and ambient lighting - creating the perfect setting for evening gatherings or quiet mornings.
Just minutes from Austin's vibrant Menchaca corridor, you'll have easy access to live music, great dining, parks, and Tanglewood Forest community amenities like tennis and pickleball, walking trails, and a pool.
This is more than a home - it's your own slice of South Austin living.
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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 |
|---|---|---|---|
| Aug 12, 2025 | In contract | - | |
| In contract | |||
| Jul 10, 2025 | Listed by Compass RE Texas, LLC | $649,500 | |
| Listed by Compass RE Texas, LLC | |||
| Jun 30, 2025 | Withdrawn | - | |
| Withdrawn | |||
| May 1, 2025 | Price Decreased |
$659,900
↓ $9K
(1.3%) | |
| Price Decreased | |||
| Apr 12, 2025 | Price Decreased |
$668,800
↓ $6K
(0.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017