4404 Clarkson Ave
About This Property
Situated on a secluded lot, the home offers peaceful, private living with convenient access to I-35 and everything Austin has to offer. The home is exceptionally well insulated, creating a quiet interior that feels like a private oasis centered around a beautiful courtyard with a stunning heritage tree.
The sun-filled courtyard invites outdoor relaxation and entertaining, while the enclosed patio serves as a second living area with lovely courtyard views. Inside, vibrant gemstone-inspired colors add character and provide a striking backdrop for artwork. Flooring includes wood, tile, and polished concrete for both style and durability.
Located in Austin's desirable Hancock neighborhood with easy walking access to Hancock Golf Course & Park, local parks, shops, dining, and the new Super H-E-B. Convenient commute via 45th Street to MoPac with quick access to Downtown, Cherrywood, and the East Side.
A unique opportunity to own a one-of-a-kind home offering privacy, character, and convenience in a central Austin location. Excellent Short Term Rental potential with City of Austin permit. *Assumable 2.875% VA loan ~ only assumable by veterans.*
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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 |
|---|---|---|---|
| Apr 16, 2026 | In contract | - | |
| In contract | |||
| Mar 18, 2026 | Listed by Keller Williams - Lake Travis | $750,000 | |
| Listed by Keller Williams - Lake Travis | |||
| Dec 5, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Nov 13, 2025 | Price Decreased |
$750,000
↓ $25K
(3.2%) | |
| Price Decreased | |||
| Oct 9, 2025 | Price Decreased |
$775,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017