Nestled in the highly desirable Barton Oaks neighborhood, this
single-story limestone home offers classic Austin charm just
minutes from downtown. The spacious layout features four bedrooms
and three bathrooms, vaulted ceilings, a gas fireplace, and
abundant natural light throughout. The kitchen opens to the living
and dining areas, creating an easy flow for everyday living and
entertaining. Set on a generously sized lot with mature trees and a
private backyard, the property also includes an above-ground pool
and plenty of outdoor space to enjoy. Located just 4 miles from
downtown Austin and moments from some of the city's most loved
destinations, including Barton Springs Pool, Zilker Park, the
Barton Creek Greenbelt, and Alamo Drafthouse. Enjoy nearby shopping
and dining at Barton Creek Square, along with easy access to South
Lamar and South Congress.
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.
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