3218 Western DR
About This Property
As you arrive, the home immediately sets a warm & welcoming tone, with updated siding, fresh landscaping, & a clean, modern exterior that reflects the level of care carried throughout. Inside, the space opens into a light-filled living area anchored by a custom wood beam, creating character & a natural gathering point. Wide-plank wood flooring runs throughout, complemented by updated windows & cohesive finishes that bring a sense of continuity from room to room. The kitchen, expanded during the 2021 renovation, was designed for both daily ease & function. Quartz countertops, shaker cabinetry, & updated lighting come together in a space that flows seamlessly into the main living areas, making it equally suited for quiet mornings & entertaining. The primary suite features a walk-in shower, marble flooring, & a thoughtfully designed closet. The secondary bedrooms & guest bath reflect the same level of finish, creating a cohesive feel throughout the home. Outside, the living space extends into a backyard designed for easy entertaining. Two decks & a spacious yard create a relaxed setting for gatherings or everyday enjoyment. The lot is manageable & well-maintained. Located just minutes from HEB, Costco, Whole Foods, & some of South Austin's most loved local spots, the home offers unmatched convenience while maintaining the quiet, established feel that defines this neighborhood. Access to the Stephenson Nature Preserve & Williamson Creek Greenbelt provides nearby walking trails & natural green space, offering a peaceful escape just moments from everyday conveniences. With 3 beds, 2 baths, & 1,575 square feet, this single-level home is an ideal opportunity for a buyer seeking a move-in-ready property with meaningful updates already in place to enjoy.
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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 |
|---|---|---|---|
| Jun 4, 2026 | In contract | - | |
| In contract | |||
| Apr 30, 2026 | Listed by Kuper Sotheby's Int'l Realty | $680,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017