4408 Barrow Ave
About This Property
The main residence showcases original hardwood floors, abundant natural light, neutral finishes, and charming built-ins that preserve its historic character. The home features two spacious bedrooms, one full bathroom, a formal dining room with built-in shelving, and a kitchen with a breakfast nook, generous pantry, and adjacent laundry room.
Two additional living spaces each offer a full bathroom and private exterior entrance. The larger unit is already plumbed for a full kitchen, creating excellent potential for a guest suite, multigenerational living, rental income, or private workspace. The second offers similar flexibility for additional living, studio, or office use. Buyers should independently verify intended uses and applicable city regulations. Outside, an expansive rear deck overlooks Waller Creek, offering a peaceful setting for relaxing, entertaining, and enjoying the surrounding nature.
Minutes from The University of Texas, Downtown Austin, Mueller, Dell Medical School, and St. David's Medical Center, the property provides convenient access to dining, shopping, parks, entertainment, and major roadways. 4408 Barrow Avenue offers a distinctive combination of Hyde Park charm, Central Austin convenience, and multi-unit versatility.
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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 25, 2026 | Price Decreased |
$874,500
↓ $20K
(2.2%) | |
| Price Decreased | |||
| Sep 1, 2026 | Price Decreased |
$894,500
↓ $10K
(1.1%) | |
| Price Decreased | |||
| Aug 12, 2026 | Price Decreased |
$904,500
↓ $20K
(2.2%) | |
| Price Decreased | |||
| Jul 22, 2026 | Price Decreased |
$924,500
↓ $20K
(2.1%) | |
| Price Decreased | |||
| Jul 9, 2026 | Listed by Keller Williams Realty | $944,500 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017