2904 Regents PARK
About This Property
Tucked away with exceptional privacy, the property is surrounded by mature trees and natural topography, creating a quiet, secluded feel within an established neighborhood. Potential views of Downtown Austin elevate this location's appeal. A nearby community park and neighborhood sidewalks add to the everyday livability of the location.
Zoned to Cedar Creek Elementary, Hill Country Middle School, and Westlake High School, the property also offers quick access to downtown Austin-just minutes away.
The current owners have plans with highly esteemed Lake Flato for a 10,000 sf modern home that are ready to be submitted for permitting.
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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 | |||
| Mar 13, 2026 | Listed by KW-Austin Portfolio Real Estate | $2,250,000 | |
| Listed by KW-Austin Portfolio Real Estate | |||
| Nov 14, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Sep 26, 2024 | Price Decreased |
$1,999,900
↓ $250K
(11.1%) | |
| Price Decreased | |||
| May 2, 2024 | Price Decreased |
$2,250,000
↓ $250K
(10%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017