4316 Avenue C
About This Property
Unusually spacious for a bungalow of this era, the kitchen offers excellent storage and counter space, making it both functional and inviting. A dedicated utility room adds everyday convenience rarely found in homes of this vintage. Recent updates throughout the home include recessed lighting, enhancing both function and ambiance.
The primary bedroom includes a generous sitting area, offering flexibility for a home office, reading nook, or future expansion-including the potential for a second bathroom. The shared bathroom was recently updated with a new vanity, lighting, and fixtures, providing a fresh, modern feel.
Out back, enjoy a private yard with a new wood privacy fence, outdoor deck, and alley access. The home also benefits from recent exterior paint and wood repair, adding to its curb appeal and long-term maintenance. A detached one-car garage provides additional versatility as a workshop, studio, or creative space.
Zoned to highly regarded Lee Elementary and ideally located in the heart of Hyde Park, this home offers true central Austin living-just blocks from neighborhood favorites like First Light Books, Moogie Pilates, All Day Pizza, and more.
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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 |
|---|---|---|---|
| Jan 21, 2026 | In contract | - | |
| In contract | |||
| Jan 14, 2026 | Listed by Compass RE Texas, LLC | $825,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017