3905 Independent WAY
About This Property
Welcome to 3905 Independent Way, the final opportunity to own a free-standing home in The Grove's exclusive Vantage series. Enjoy the privacy of single-family living paired with the ease of a lock-and-leave lifestyle - with front and backyard maintenance handled by the HOA, your weekends just got better.
This beautifully designed residence showcases premium features throughout, including:
Built-in Wolf appliances for the chef at heart,
Elegant wood flooring flowing throughout the home,
Stunning 63-inch upper cabinets offering abundant storage,
And much more that elevates everyday living.
Don't miss one of the last chances to own a truly unique home in one of Austin's most desirable communities. 3905 Independent Way blends luxury, convenience, and timeless design - all in one incredible package.
Schedule your tour today before this rare opportunity is gone!
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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 |
|---|---|---|---|
| Nov 25, 2025 | In contract | - | |
| In contract | |||
| Oct 18, 2025 | Price Increased |
$2,249,990
↑ $50K
(2.3%) | |
| Price Increased | |||
| Sep 6, 2025 | Price Decreased |
$2,199,990
↓ $46K
(2.1%) | |
| Price Decreased | |||
| Aug 6, 2025 | Price Decreased |
$2,245,990
↓ $50K
(2.2%) | |
| Price Decreased | |||
| May 20, 2025 | Listed by Legacy Austin Realty | $2,295,990 | |
| Listed by Legacy Austin Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017