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304 Sheraton Ave
About This Property
Inside, the home features an open and functional layout with updated finishes throughout, a gas range, and an oversized combined walk-in pantry and laundry room offering exceptional storage and utility space rarely found in homes of this size. The front bedroom is currently staged with a king-size bed and still offers room for additional furniture, demonstrating the home's thoughtful use of space and livability.
The oversized backyard is designed for entertaining with a large concrete patio, pergola, and plenty of room to gather with friends, host cookouts, or enjoy quiet evenings outdoors.
A rare opportunity to own a move-in ready South Austin home that combines character, functionality, and an unbeatable location. Ask about SouthState Bank's First Time Home Buyer's Advantage Program, offering up to 100% financing with no private mortgage insurance for qualified buyers. Eligibility, lender approval, and program guidelines apply.
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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 |
|---|---|---|---|
| Jul 12, 2026 | In contract | - | |
| In contract | |||
| Jun 28, 2026 | Price Decreased |
$429,000
↓ $20K
(4.5%) | |
| Price Decreased | |||
| Jun 5, 2026 | Listed by Christies Intl Real Estate Lone Star | $449,000 | |
| Listed by Christies Intl Real Estate Lone Star | |||
| May 15, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| May 3, 2026 | Price Increased |
$499,950
↑ $50K
(11.1%) | |
| Price Increased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017