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3003 Burleson RD
About This Property
Existing trees in the back of lot hug the property line on the side and back of lot – an easier build not having to work around protected trees. City of Austin has been working toward the ability to add more housing density in corridors of Austin. Phase 1 approved code changes allow up to three housing units, including tiny homes on a Single-Family (SF) zoned property (SF-1, SF-2 and SF-3). Please google "City of Austin HOME (Home Options for Mobility and Equity) initiative" for the latest online updates on these efforts.
Buyer/buyer's agent to independently verify all information, including but not limited to lot size, zoning, restrictions, building capabilities, City of Austin protected trees, distances to locations, taxes, schools, etc. NOTE: A mix of older pics (with green grass!) - yard can be restored to former glory with use of well water!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 14, 2026 | Delisted | - | |
| Delisted | |||
| Feb 13, 2026 | In contract | - | |
| In contract | |||
| Jan 7, 2026 | Price Decreased |
$945,000
↓ $50K
(5%) | |
| Price Decreased | |||
| Oct 23, 2025 | Price Decreased |
$995,000
↓ $105K
(9.6%) | |
| Price Decreased | |||
| Oct 9, 2025 | Listed by Coldwell Banker Realty | $1,100,000 | |
| Listed by Coldwell Banker Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017