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2703 Citation DR
About This Property
At the heart of the property sits a well-maintained mobile home, complemented by two spacious patios, perfect for entertaining, relaxing, or simply enjoying the breathtaking river views. Whether you're sipping your morning coffee overlooking the water or hosting sunset gatherings with friends and family, the outdoor spaces are designed to maximize the beauty of the natural surroundings.
The land provides ample room for expansion, gardening, recreational activities, or even future development. With its combination of seclusion and convenience, this riverfront property offers a rare opportunity to enjoy country living while being just a short drive to downtown Austin, the airport, Tesla, and major highways.
Whether you're envisioning a private getaway, an investment opportunity, or a place to call home, 2703 Citation Drive is ready to make your dreams a reality.
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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 |
|---|---|---|---|
| Jun 6, 2025 | In contract | - | |
| In contract | |||
| May 1, 2025 | Listed by eXp Realty, LLC | $495,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017