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Map
3402 Bonnie RD
About This Property
Tucked away on a dreamy, tree-lined street, this 4-bed, 2-bath stunner brings serious style and comfort. Built in 1952 and thoughtfully expanded in 2004, it's got all the character of a classic Craftsman-plus the modern updates you actually want: updated plumbing, electrical, insulation, and separate HVAC systems for each floor.
Step inside and you're greeted by an open-concept living space that's made for hosting. The kitchen flows effortlessly into the dining and living areas, featuring sleek stainless steel appliances, including a new Bosch range and dishwasher. Downstairs, a cozy guest suite with its own full bath is perfect for visitors or a luxe home office. Bonus: there's a separate family room that works great as a chill zone or even a potential fifth bedroom.
Upstairs, a central flex space connects three spacious bedrooms, including a generous primary suite with room to dream big-think future ensuite spa vibes. Storage? Covered. Everywhere.
Outside, the good vibes keep going. A charming front porch looks out over native trees and low-maintenance xeriscaping, while the back deck opens up to a huge yard complete with an OG tool shed, compost station, and plenty of space to relax, garden, or hang out.
And location? ?? Just four blocks from Lake Austin, a block from Lions Golf Course, and close to grocery stores, the post office, and the library. Zoned to some of the best schools in Austin-Casis Elementary, O. Henry Middle, and Austin High. This neighborhood is all about community, character, and convenience.
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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 |
|---|---|---|---|
| May 8, 2025 | In contract | - | |
| In contract | |||
| Apr 23, 2025 | Price Decreased |
$1,385,000
↓ $110K
(7.4%) | |
| Price Decreased | |||
| Apr 2, 2025 | Price Decreased |
$1,495,000
↓ $100K
(6.3%) | |
| Price Decreased | |||
| Mar 5, 2025 | Listed by Compass RE Texas, LLC | $1,595,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017