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3105 Festus DR
About This Property
The interior flows seamlessly to the backyard, which is a true showstopper. Step out onto the back porch, where clean-lined pavers and custom Corten steel planters create a sophisticated, modern aesthetic. The space is framed by a private, fully fenced yard and shaded by a canopy of mature trees, offering a serene escape from the Texas sun. Plus, the addition of full gutters ensures the home is as functional as it is beautiful.
The location puts the best of South Austin right at your fingertips. You're just a stone's throw from the local favorites on Brodie Lane and Menchaca Road, including the iconic Moontower Saloon for live music and outdoor vibes. For those who love to stay active, the Stinson Trail is nearby, providing easy access to the area's natural beauty. It's a rare opportunity to snag a move-in-ready gem in one of Austin's most sought-after pockets. Desirable AISD schools include Baranoff Elementary, Bailey Middle, and Bowie High School.
Don't miss out on this one!
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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 |
|---|---|---|---|
| Sep 7, 2026 | In contract | - | |
| In contract | |||
| Aug 26, 2026 | Listed by Compass RE Texas, LLC | $575,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017