27
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3305 Santa Monica DR
About This Property
thoughtful updates, and a location just minutes from some of Austin's most exciting destinations. Step inside to a
bright, open interior where engineered hardwood floors flow throughout the home, complemented by tile flooring in
the bathrooms, recessed lighting, and stylish modern fixtures and ceiling fans. A striking wood-beamed ceiling adds
warmth and architectural character to the main living space, creating a perfect balance of contemporary style and
timeless detail. The heart of the home is a stunning open kitchen designed for gathering and everyday living. Anchored
by a generous quartz island, the space features stainless steel appliances and seamless flow into the dining and living
areas, making entertaining effortless. The thoughtful layout includes three spacious bedrooms, two and a half
bathrooms, and a dedicated office or flex space that easily adapts to work-from-home needs, creative pursuits, or a
quiet retreat. Beyond the home, the location places you close to some of Austin's favorite outdoor and cultural
destinations. Enjoy quick access to Lady Bird Lake Hike-and-Bike Trail, scenic afternoons at Roy G. Guerrero Colorado
River Metro Park, or peaceful escapes at Secret Beach. Dining, entertainment, and local flavor are just minutes away
along South Congress Avenue and the vibrant East Riverside District, while the rapidly growing Oracle Campus adds
energy and convenience to the area. With its complete redesign, stylish finishes, and unbeatable proximity to
downtown Austin, this Santa Monica Park home offers a rare opportunity to enjoy elevated living in one of the city's
most dynamic and connected neighborhoods.
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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 |
|---|---|---|---|
| Aug 22, 2026 | In contract | - | |
| In contract | |||
| Aug 10, 2026 | Listed by Compass RE Texas, LLC | $599,900 | |
| Listed by Compass RE Texas, LLC | |||
| Aug 9, 2026 | No longer available | - | |
| No longer available | |||
| Jul 28, 2026 | Price Decreased |
$599,900
↓ $25K
(4%) | |
| Price Decreased | |||
| Apr 11, 2026 | Price Decreased |
$625,000
↓ $25K
(3.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017