3409 Kay ST
About This Property
This dreamy, East Austin, multifunctional, sanctuary is really something special!
Wonderfully located, super walkable & bike friendly, with quick access to many East Austin favorites: Austin Bouldering Project, Tillery Street Plant Company, Marcelino's, OMG Squee, Flitch Coffee, Native Grocery, Springdale General, & the Canopy Arts Center to name just a few. Bike lanes on Tillery lead to the Boggy & South Walnut Creek Trails. Walk, scoot, or bike out the front door, and explore all that East Austin has to offer. Also very nearby are ACC's Eastview Campus & the recently renovated East Side Early College High School; 2022 bond-approved upgrades to Oak Hill Elementary and Willie Mae Kirk Public Library–both one block down–are underway. Just a short drive to downtown, Mueller, and the airport for those on the go.
Plant list available on request!
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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, 2025 | In contract | - | |
| In contract | |||
| May 22, 2025 | Listed by The Stiles Agency | $475,000 | |
| Listed by The Stiles Agency | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017