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3818 Gaines CT
About This Property
The low-maintenance backyard showcases multiple seating areas with no neighboring home side, and serene views of the greenbelt. This home backs up to the private 14-acre greenbelt, offering direct access to hike and bike trails along the Barton Creek Reserve. Plus, residents of this gated neighborhood can enjoy exclusive access to the community pool. Enjoy the convenience of a prime location just off S. Mopac and 71, with downtown Austin only a 10-minute drive away and Barton Creek Mall just minutes from your doorstep. Don't miss out on this exceptional opportunity to experience the best of South Austin living, with quick access to Mopac, top-rated schools, shopping, and entertainment just moments away!
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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 |
|---|---|---|---|
| Jul 2, 2025 | In contract | - | |
| In contract | |||
| Jun 18, 2025 | Listed by Compass RE Texas, LLC | $980,000 | |
| Listed by Compass RE Texas, LLC | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Feb 19, 2021 | In contract | - | |
| In contract | |||
| Feb 11, 2021 | Listed by Keller Williams - Austin SW | $750,000 | |
| Listed by Keller Williams - Austin SW | |||
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Location, location, location! This 4 bedroom home is located in a gated community of 53 homes just 4 miles from downtown Austin. Recently updated owner's bath, all new carpet, and recent full roof replacement are just a few of the many updates this home boasts. Owner's suite on the main level with 3 bedrooms plus laundry room and loft/game room space on the second level. Every bedroom has en suite bath. Backyard features multiple sitting areas with direct access through the back gate to walking trails leading to Barton Creek greenbelt, as well as the community pool. The manager has listed the unit size as 2617 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017