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3512 Black Granite DR
About This Property
Tile flooring runs through the main living areas, creating a durable and low-maintenance foundation that flows seamlessly into the open-concept kitchen. Granite countertops offer both style and practicality, with plenty of prep space for daily meals or weekend hosting.
The primary suite is privately positioned and features a well-appointed bath and generous closet space. Two additional bedrooms provide flexibility for guests, a home office, or growing needs.
Outside, the manageable yard is easy to maintain while still offering space to relax, garden, or entertain. The exterior has clean, modern lines that complement the neighborhood setting.
Location is a major advantage. You're just minutes from McKinney Falls State Park and approximately 15 minutes to Downtown Austin, Zilker Park, and the Barton Creek Greenbelt. Major employers including Motorola, AMD, Samsung, the University of Texas, and Austin-Bergstrom International Airport are all within convenient reach. South Park Meadows, H-E-B, and everyday essentials are nearby.
If you're looking for a well-maintained, updated home in a convenient location without the maintenance of an older property, this one is worth a look.
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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 |
|---|---|---|---|
| Mar 10, 2026 | In contract | - | |
| In contract | |||
| Mar 3, 2026 | Listed by Douglas Elliman Real Estate | $319,500 | |
| Listed by Douglas Elliman Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017