2705 1/2 Stratford DR
About This Property
Immerse yourself in luxury at 2705 1/2 Stratford Dr, an architectural masterpiece in Westlake designed by Breckstudio Architecture. This exquisite residence sits on nearly half an acre, providing a tranquil oasis just moments from the heart of downtown Austin and walking distance to Zilker Park. Meticulously designed with a bridge over property's wet creek for a priceless view.
Embrace the elegance of white oak flooring and cabinetry, accented by Calcutta Umber marble, within a home of sleek lines and complimentary textures. This property boasts high ceilings and light-filled rooms, ensuring a spacious and seamless connection to nature. The residence features five bedrooms, including two on the main level, and four full bathrooms, providing ample space for comfort and privacy. Luxurious modern interiors, a testament to sophistication and refined living. The high-quality finishes, from the Calcutta marble counters to the beamed and high ceilings, underscore the residence's modern luxury. The property also features a fence & stucco property wall, driveway gate, parcel dropbox, and flush drapery track, ensuring privacy and convenience. Step outside to a private oasis, where a heated pool/spa awaits amidst a backdrop of lush landscaping and towering trees. The property's expansive outdoor area includes a balcony with long lasting IPE flooring, outdoor kitchen, a covered deck, and a private patio, perfect for entertaining or unwinding in nature. The property offers a unique blend of tranquility and accessibility.
Experience the best of both worlds: a peaceful, natural setting and proximity to Austin's vibrant city.
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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 3, 2024 | Withdrawn | - | |
| Withdrawn | |||
| May 9, 2024 | No longer available | - | |
| No longer available | |||
| May 8, 2024 | Listed by Nan & Company Properties | $5,495,000 | |
| Listed by Nan & Company Properties | |||
| May 2, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Mar 23, 2024 | Price Decreased |
$5,699,000
↓ $100K
(1.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017