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Map
3102 Hemphill PARK
About This Property
Step inside to find rich wood floors, walls of built-in bookshelves, and expansive windows that flood the space with natural light. The layout features 3 spacious bedrooms, including a serene primary suite with a private sun deck perched among the treetops. Downstairs, you'll find a main living area plus a versatile flex space perfect for a fourth bedroom, media room, home office, studio, or game room.
The kitchen blends function and charm with butcher block countertops and an open feel that connects to the rest of the home. With no backyard to maintain and a low-maintenance front yard, this home offers effortless living in one of Austin's most sought-after walkable neighborhoods.
Just blocks from the University of Texas and surrounded by scenic running and biking trails, Wheatsville Co-op, parks, and iconic eateries, the location couldn't be more ideal. Whether you're a homeowner who craves proximity to the action or an investor looking for a turn-key property, 3102 Hemphill Park delivers. Currently operating as a successful mid-term and short-term rental, it offers both lifestyle and income potential.
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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 |
|---|---|---|---|
| Nov 29, 2025 | No longer available | - | |
| No longer available | |||
| Oct 3, 2025 | Price Decreased |
$975,000
↓ $15K
(1.5%) | |
| Price Decreased | |||
| Jun 26, 2025 | Listed by Christie's Int'l Real Estate | $990,000 | |
| Listed by Christie's Int'l Real Estate | |||
| Sep 7, 2024 | No longer available | - | |
| No longer available | |||
| Jun 24, 2024 | Price Decreased |
$1,075,000
↓ $124K
(10.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017