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2906 Burning Oak DR
About This Property
Imagine sipping your morning coffee or entertaining friends on the charming covered back patio that spans the whole back of the house, all while overlooking the sprawling backyard. Location is key, and this home has it with easy access to Austin's best restaurants, coffee shops, and yoga studios along S. Lamar. You'll also love the proximity to the newly reimagined HEB on South Congress & Lamar and Central Market at Westgate. A huge bonus is that this home is zoned for the highly sought-after Zilker Elementary! Additional updates include a tankless water heater, updated roof, and gutters. Don't miss out on this wonderful opportunity! This home comes fully furnished, if desired!
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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 |
|---|---|---|---|
| Apr 21, 2026 | In contract | - | |
| In contract | |||
| Mar 28, 2026 | Relisted | $699,000 | |
| Relisted | |||
| Mar 1, 2026 | In contract | - | |
| In contract | |||
| Jan 30, 2026 | Listed by Kuper Sotheby's Int'l Realty | $765,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017