3205 Grasshopper DR
About This Property
The expansive primary bedroom features French doors leading to the en suite primary bathroom which features a standing shower, dual vanities, and soaking tub.
Outside, the patio invites relaxation, while the spacious backyard offers endless potential. Enjoy proximity to shopping/dining/entertainment, Southpark Meadows, Arbor Trails, Sunset Valley shops, and so much more. This home also tracks to the acclaimed Bowie High School. Embrace the Austin lifestyle in this inviting home that offers both comfort and convenience. Enjoy the walkable convenience of the neighborhood parks that are just steps away!
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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 |
|---|---|---|---|
| Apr 25, 2026 | In contract | - | |
| In contract | |||
| Apr 16, 2026 | Listed by The Davis Company | $460,000 | |
| Listed by The Davis Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017