302 Irma DR #1
About This Property
Inside, vaulted ceilings create an airy, open feel, complemented by kitchen featuring white shaker cabinetry, stainless steel appliances, built-in desk, and mini windows allowing natural light to glaze over your quartz countertops. Bathrooms feature marble-tile, zero-edge glass, and quartz counters. Contemporary white oak wide oak wood flooring adorn the upper floor. Downstairs, the distinctive stained-concrete floors add a contemporary touch + provide for a prepped surface for wood flooring should you prefer a different look.
The spacious, mostly shaded backyard is made for easy Austin living, featuring a covered patio and low-maintenance AstroTurf-perfect for relaxing or entertaining. Front yard features a vaulted covered front porch, large tree, and neat landscaping.
The garage offers an unexpected bonus with full-lite glass and its own mini-split HVAC system, creating a bright, conditioned space ideal for a gym, studio, office, craftroom, workshop, or creative space. *This bonus garage heated/cooled space is not included in the advertised square footage. Additional highlights include a tankless water heater and meticulous recent construction throughout.
Location is hard to beat, with quick access to The Crescent's sought-after dining, including Kura Sushi, KBBQ, and so much more! Enjoy the energy and creativity of Central Austin while being conveniently positioned near highly regarded schools from elementary through high school. *Condo association dissolved so no HOA dues!
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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 |
|---|---|---|---|
| Oct 8, 2026 | Price Decreased |
$699,000
↓ $16K
(2.2%) | |
| Price Decreased | |||
| Sep 17, 2026 | Price Decreased |
$715,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Aug 18, 2026 | Listed by Austin Home Seekers | $725,000 | |
| Listed by Austin Home Seekers | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/15/2019
| |
2 Bed
|
1 Bath
|
900 ft²
|
$350,000
2 Bed
1 Bath
900 ft²
|
-
-
|
Dillar Schwartz
Keller Williams - Austin SW
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017