35
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403 W 55th ST
About This Property
Inside, the house has a versatile den that provides the perfect flex space for a home office, reading room, creative studio, or living area-whatever fits your life. Outside, the private backyard gives you room to spread out, whether that means morning coffee under the trees, dinner with friends, weekend gatherings, or dreaming up a future addition. There's plenty of space and potential to create an outdoor living area that feels like your own private retreat.
And then there's the location! You're walking distance to everything North Loop! Just minutes from the coffee shops, restaurants, bars, and indie businesses that make Hyde Park and North Loop so distinctly Austin. Grab coffee at Epoch or Barrett's, dinner at Foreign & Domestic or Home Slice, a cocktail at DrinkWell, or spend an afternoon exploring the eclectic vintage shops and local spots all along North Loop.
For buyers who want the charm of an Austin bungalow without sacrificing flexibility or proximity to the best of Central Austin, this one is worth a closer look. Original character, a flexible floor plan, a private backyard, and plenty of potential-all in a location that lets you live like a local!
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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 |
|---|---|---|---|
| Sep 12, 2026 | Price Decreased |
$539,900
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Aug 14, 2026 | Listed by Compass RE Texas, LLC | $550,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017