Mueller is all about mornings that start with a stroll to the
Sunday Farmer's Market and evenings spent host-hopping down the
block, and this 3-bedroom, 3-bathroom single-story home sits right
on one of the neighborhood's most standout streets. Built for
people who actually like having neighbors and running errands on
foot, this single-family layout packs high-end architectural
details into a bright, easy-flowing footprint just a quick shot
from Downtown Austin and major highways. The front foyer opens with
a dedicated home office tucked to the left, keeping your workday
organized before you even set foot in the main house. Further down
the hall, a guest room and full bath sit next to a formal dining
space that demands attention with its vaulted tongue-and-groove
wood ceiling. The back half of the house opens up completely: big
windows flood the main living room with natural light, centered
around a corner fireplace. Right beside it, the kitchen anchors the
room with a granite bartop, wood cabinetry, tile backsplash, and GE
Monogram stainless steel appliances ready for casual weeknight
dinners or big weekend spreads. Tucked away, the primary suite
gives you a real place to reset, complete with an ensuite bath that
includes seperate vanities, a soaking tub, a step-in shower, and a
walk-in closet that connects straight into the laundry room for
ultimate convenience. The remaining secondary bedroom is generous
and close to the third full bath, while details like three-step
tray ceilings, exposed wood beams, and stained doors show up
throughout the house. Out back, the low-maintenance turf yard means
zero time spent pushing a mower, leaving your weekends free to hang
on the deck with morning coffee or evening drinks. Best of all, you
are a quick walk from the Thinkery, catching a movie at Alamo
Drafthouse, grabbing lunch on Aldrich St, or jumping onto the local
hike-and-bike trails.
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.
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