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2909 Cavern Mist LN
About This Property
Inside, soaring ceilings, expansive picture windows, and an open-concept layout create bright, inviting living spaces filled with natural light. The renovated kitchen features a large island, breakfast bar, abundant cabinetry, and new stainless steel appliances. The oversized primary suite offers bay windows, space for a sitting area, and a beautifully updated ensuite with dual vanities, modern soaking tub, and separate shower. A dedicated office provides additional flexibility for working from home.
Outside, enjoy a large private backyard backing to nearby green space, along with a covered back porch that provides a great setting for relaxing, dining, or entertaining. Additional highlights include a side-entry three-car garage and spacious laundry room. Barker Ranch at Shady Hollow is an established community with mature landscaping, a neighborhood park, and playground. Conveniently located near shopping and dining along Brodie, Escarpment, and Slaughter, with easy access to Shady Hollow parks and trails, Circle C Ranch Metropolitan Park, Violet Crown Trail, and the Lady Bird Johnson Wildflower Center. Currently zoned to Austin ISD schools including Baranoff Elementary, Bailey Middle School, and Bowie High School.
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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 |
|---|---|---|---|
| Oct 21, 2026 | Price Decreased |
$774,999
↓ $24K
(3%) | |
| Price Decreased | |||
| Sep 17, 2026 | Listed by Spyglass Realty | $799,000 | |
| Listed by Spyglass Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017