2802 Perry LN
About This Property
The expansive corner lot presents unique flexibility for future expansion, a complete remodel, or even new construction, subject to buyer verification. Outside, a private yard with mature trees and a charming patio create an ideal setting for relaxation and entertaining. A practical two-car carport and a private driveway enhance convenience. This central Austin location provides exceptional access to MoPac, placing you mere moments from an array of shopping, dining, and major city destinations. This home is a gateway to the vibrant Austin lifestyle. A significant financial advantage is the assumable VA loan at 2.56% with a remaining balance of $257,000, offering a truly unique proposition for prospective buyers.
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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 17, 2026 | In contract | - | |
| In contract | |||
| Jun 12, 2026 | Listed by Redfin Corporation | $600,000 | |
| Listed by Redfin Corporation | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017