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3415 Shinoak DR
About This Property
Balcones Park neighborhood. This beautifully updated single-story, 3-bedroom, 2-bathroom home offers a perfect
blend of modern luxury and classic charm in an unbeatable central Austin location. Perched gracefully on the hill of a
peaceful cul-de-sac off prestigious Balcones Drive, historic stone walls and brick stairs welcome you to this .31 acre
property where nature abounds. Inside, you'll find white oak hardwood floors, a fully updated kitchen, recessed and
accent lighting, a custom natural stone fireplace, classic built-ins, three spacious bedrooms, a private home office, and
an additional flex/work space. The back of the home features French and sliding doors, along with a charming bay
window, which usher in great natural light. Step outside to enjoy truly serene surroundings on the private patio and in
the large, lush, landscaped backyard with raised garden beds, beautiful hillside and canyon views, and plenty of room
for a pool. 3415 Shinoak Drive offers unmatched peace and privacy but sits just moments from the heart of the city.
Local favorites include Flo's Wine Bar & All Day Pizza, Russell's Bakery, Yamas, Juiceland, Epicerie, Hive & Honey
Pilates Studio, and more. The home is zoned for Highland Park Elementary, a National Blue Ribbon School.
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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 |
|---|---|---|---|
| Apr 29, 2026 | In contract | - | |
| In contract | |||
| Apr 2, 2026 | Price Decreased |
$1,365,000
↓ $34K
(2.4%) | |
| Price Decreased | |||
| Mar 12, 2026 | Price Decreased |
$1,399,000
↓ $26K
(1.8%) | |
| Price Decreased | |||
| Feb 26, 2026 | Listed by Compass RE Texas, LLC | $1,425,000 | |
| Listed by Compass RE Texas, LLC | |||
| Jan 24, 2026 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017