3406 Menchaca RD #41
About This Property
The manager has listed the unit size as 1586 square feet.
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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 |
|---|---|---|---|
| Mar 5, 2025 | Price Decreased |
$639,500
↓ $11K
(1.6%) | |
| Price Decreased | |||
| Jan 17, 2025 | Listed | $650,000 | |
| Listed | |||
| |||
|
Stunning 78704 end-unit condo! Enjoy the convenience and privacy of a gated community in a prime Austin location. Upon arrival, you’ll be drawn to the charming stone/stucco façade and wood detailing. The gated entry welcomes you to a spacious courtyard featuring a cozy fireplace, perfect for morning coffee or evenings unwinding and entertaining. The bright and neutral interior creates a light and airy aesthetic, with warm wood flooring, bright walls, and abundant natural and recessed lighting. The desirable floorplan places both bedrooms upstairs, while the main level offers an open concept layout and a powder room, ideal for entertaining. The kitchen boasts beautiful wood cabinetry, granite counters, stainless steel appliances, including a double oven and gas range, and a breakfast bar. The second level features a versatile bonus room, perfect for a home office, game room, playroom, or additional living space. The owner’s retreat is spacious yet cozy, with large windows and glass-front French doors opening to a balcony overlooking the mature foliage. The ensuite bath includes a dual vanity, abundant storage, and an oversized walk-in shower enclosed by frameless glass. Ideal for roommates or guests, the secondary bedroom is accompanied by a full bath. Location is everything here! Just off Menchaca/Lamar, you’re minutes from all things Austin, including DT, Zilker Park, Lady Bird Lake, and endless retail, dining, parks, and entertainment options. Come fall in love with your new home today!
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| Jan 24, 2021 | No longer available | - | |
| No longer available | |||
| Jan 10, 2021 | Relisted | $490,000 | |
| Relisted | |||
| Jan 9, 2021 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/18/2026
|
2 Bed
|
2 Bath
|
1415 ft²
|
$525,000
2 Bed
2 Bath
1415 ft²
|
$515,000
-1.90%
03/18/2026
|
Jacob Youngblood
Youngblood Real Estate Group
| |
|
07/10/2025
|
2 Bed
|
2 Bath
|
1712 ft²
|
$639,000
2 Bed
2 Bath
1712 ft²
|
$639,000
07/10/2025
|
David Rowe
All City Real Estate
| |
|
04/03/2025
|
2 Bed
|
2 Bath
|
1447 ft²
|
$600,000
2 Bed
2 Bath
1447 ft²
|
$545,000
-9.17%
04/03/2025
|
Scott McCord
Compass RE Texas, LLC
| |
|
01/17/2025
|
2 Bed
|
2 Bath
|
1586 ft²
|
$650,000
2 Bed
2 Bath
1586 ft²
|
$639,500
-1.62%
01/17/2025
|
Todd Bailey
Realty Austin - Headquarters
| |
|
08/09/2024
|
2 Bed
|
2 Bath
|
1622 ft²
|
$685,000
2 Bed
2 Bath
1622 ft²
|
$650,000
-5.11%
08/09/2024
|
Christina Alvarado
eXp Realty
| |
|
04/25/2024
|
2 Bed
|
3 Bath
|
1491 ft²
|
$639,900
2 Bed
3 Bath
1491 ft²
|
$639,900
04/25/2024
|
DeAnne Killmer
Legacy Austin Realty
| |
|
12/22/2020
|
2 Bed
|
3 Bath
|
1586 ft²
|
$490,000
2 Bed
3 Bath
1586 ft²
|
-
-
|
Gary Gentry
Keller Williams - Austin SW
| |
|
08/14/2020
|
2 Bed
|
3 Bath
|
1373 ft²
|
$439,000
2 Bed
3 Bath
1373 ft²
|
-
-
|
Jessica Kelly Bruehl
Keller Williams - Austin SW
| |
|
04/07/2020
|
2 Bed
|
3 Bath
|
1373 ft²
|
$439,000
2 Bed
3 Bath
1373 ft²
|
-
-
|
Alex McCormick
Keller Williams - Austin SW
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017