20
Map
4407 Dovewood DR
About This Property
The home features a desirable mother-in-law floorplan, warm inviting interiors, and extensive improvements throughout by previous owners. The kitchen includes quartz countertops, updated cabinetry, stainless appliances, and upgraded fixtures. Both bathrooms feature updated contemporary finishes as well.
This large level lot and mature shade trees provide outdoor flexibility, with space for entertaining, gardening, recreation, or future enhancements.
Property is being offered as a short sale. Short sale process has been initiated with the lender. Excellent opportunity for owner-occupants or investors seeking a substantially updated home in a growing Southeast Austin corridor.
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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 |
|---|---|---|---|
| Oct 28, 2026 | Relisted | $252,000 | |
| Relisted | |||
| Aug 21, 2026 | In contract | - | |
| In contract | |||
| Jul 14, 2026 | Price Decreased |
$249,980
↓ $30K
(10.6%) | |
| Price Decreased | |||
| May 30, 2026 | Price Decreased |
$279,747
↓ $5K
(1.8%) | |
| Price Decreased | |||
| May 8, 2026 | Listed by eXp Realty, LLC | $285,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017