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3407 Mount Barker DR
About This Property
Enjoy a free-flowing, single-story floor plan on a grand scale, featuring a lower-level bonus space, five bedrooms, four baths, multiple living areas, and a sparkling pool and patio out back. Embrace the historic character with an interior refresh, or bring your architect and dream big about what could be built on this .29-acre lot beneath a canopy of historic oaks on one of Central Austin's most sought-after blocks.
3407 Mount Barker Drive sits just off famed Balcones Drive and around the corner from Mount Bonnell, surrounded by nature yet just moments from the very best of Austin. Zoned for Highland Park Elementary, a National Blue Ribbon school.
Don't miss this rare opportunity to put your personal stamp on your Mount Barker Drive dream.
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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 |
|---|---|---|---|
| Sep 29, 2026 | In contract | - | |
| In contract | |||
| Sep 24, 2026 | Listed by Compass RE Texas, LLC | $1,695,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017