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3806 Greystone DR
About This Property
The home features a traditional floor plan filled with natural light from large windows throughout. Multiple living and dining areas provide space for entertaining or everyday living, while generously sized bedrooms offer comfort and versatility. With abundant possibilities, the property invites you to remodel and design it to your style-or use the exceptional lot as the foundation for building a custom residence.
Outdoors, the expansive yard provides plenty of space for gardens, outdoor living, or future projects. Whether you're searching for a home to personalize or a premier site for new construction, this property offers unmatched flexibility and potential.
The location is exceptional-just two blocks from the Dell Jewish Community Campus and minutes from The Domain, Q2 Stadium, and Burnet Road's vibrant mix of dining and shopping. Families benefit from highly regarded Austin ISD schools, including Doss Elementary, Murchison Middle School, and Anderson High School.
3806 Greystone Drive offers a unique chance to secure a home and lot with extraordinary potential in the heart of Northwest Hills.
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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 |
|---|---|---|---|
| Sep 2, 2025 | In contract | - | |
| In contract | |||
| Aug 22, 2025 | Listed by Douglas Elliman Real Estate | $999,500 | |
| Listed by Douglas Elliman Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017