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2905 Stratford DR
About This Property
The current home is a solid, well-maintained residence featuring four bedrooms, two bathrooms, and a mix of classic hardwood and tile flooring. With a large kitchen and a spacious main-floor primary suite, it's entirely livable or rentable while you finalize your architectural plans.
However, the true star of the show is the 1.1-acre lot itself. It is exceptionally rare to find this much level acreage just minutes from the iconic Zilker Park and the cool waters of Barton Springs. You're a stone's throw from the vibrant energy of South Congress, yet tucked away in a setting that offers the kind of privacy and space usually reserved for the outskirts of town. This is more than just a home; it's a generational opportunity to secure a massive piece of Austin's landscape and build the lifestyle you've always envisioned.
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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 8, 2026 | Listed by Compass RE Texas, LLC | $3,700,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017