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401 Eberhart LN
About This Property
This beautifully preserved 1930 bungalow is situated on an oversized lot in a prime Austin location, minutes to downtown. Nestled between South Congress and South First Street, this home offers unbeatable access to convenient dining, shopping, and entertainment while maintaining a sense of privacy and space.
Recent updates include new siding and a new roof. Zoned SF-3 (City of Austin), this property offers incredible potential for expansion, an accessory dwelling unit (ADU), or creative redevelopment opportunities.
Enjoy the perfect blend of historic charm and modern convenience in this prime location-just minutes from downtown and major Austin hotspots. Don't miss this rare opportunity-schedule a showing today!
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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 |
|---|---|---|---|
| Jul 1, 2025 | Delisted | - | |
| Delisted | |||
| Jun 26, 2025 | In contract | - | |
| In contract | |||
| Jun 16, 2025 | Price Decreased |
$340,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| May 19, 2025 | Price Decreased |
$345,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Mar 14, 2025 | Listed by All City Real Estate Ltd. Co | $350,000 | |
| Listed by All City Real Estate Ltd. Co | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017