4500 Grassland DR
About This Property
Inside, the open floor plan and high ceilings (upstairs and down!) make the home feel bright and spacious. You'll find gorgeous wood floors throughout and a sleek electric fireplace that adds a cozy touch. The kitchen is a dream for home cooks and entertainers alike, with quartz countertops, a big center island, and top-notch Bosch stainless appliances.
Upstairs, the primary suite is your personal retreat, featuring a spa-inspired bathroom with a soaking tub, double vanity, walk-in shower, and a roomy closet. Two more bedrooms give you flexibility-whether you need space for guests, a home office, or both.
Step outside and enjoy a covered patio on the first floor and a large balcony up top-ideal for morning coffee or unwinding at the end of the day. You'll love the peaceful views of mature trees and greenbelt. The balcony is accessible from both the primary bedroom and hallway for added convenience.
Plus, with plenty of guest parking and an oversized two-car garage, this home checks all the boxes for comfort and practicality.
Don't miss your chance to snag this energy-efficient gem in one of Austin's fastest-growing neighborhoods. Schedule a tour today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 19, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jun 10, 2025 | Listed by Moreland Properties | $775,000 | |
| Listed by Moreland Properties | |||
| Jun 5, 2025 | Withdrawn | - | |
| Withdrawn | |||
| May 23, 2025 | Listed by Compass RE Texas, LLC | $774,360 | |
| Listed by Compass RE Texas, LLC | |||
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Nestled in the vibrant Springdale corridor, 4500 Grassland Dr. is an exquisite residence offering unparalleled elegance and modern living. This beautiful home, situated on a corner lot, boasts outstanding views of lush green space and a private yard perfect for relaxation. Just minutes from the lively Mueller district, you'll enjoy quick access to local dining, shopping, and entertainment, as well as scenic trails for running or biking.?Designed for both comfort and style, this stunning 3-bedroom, 2.5-bathroom home features an open family floor plan with high ceilings on both levels. Elegant wood flooring flows throughout, complemented by a modern electric fireplace. The chef’s kitchen is a culinary delight, showcasing quartz countertops, a generous center island, and stainless steel Bosch appliances, making it perfect for entertaining.?The upstairs level offers a tranquil primary suite, complete with a luxurious spa-like bathroom featuring a double vanity, soaking tub, separate walk-in shower, and a spacious walk-in closet. Two additional bedrooms provide ample space and versatility, all with hardwood floors and high ceilings.?Step outside to enjoy a large first-floor patio and an impressive second-floor balcony, both offering serene vistas of mature trees and greenery. The upstairs balcony, accessible from the primary bedroom and hallway, offers a private escape. With ample visitor parking and an oversized two-car garage, this home is as practical as it is beautiful.?Don't miss this opportunity to own an energy-efficient sanctuary in one of Austin’s fastest-growing neighborhoods. Schedule your tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017