4503 Erin LN
About This Property
Tucked beneath the trees on a peaceful, walkable block of Rosedale, this 1959 mid-century home is full of personality and potential. With solid bones, vintage character, and a location that's tough to beat, this is a rare opportunity for investors, creatives, or anyone who dreams of adding their own design flair in one of Austin's most beloved central neighborhoods.
The home sits on a generous lot shaded by mature native trees, with great curb appeal and room to grow. Inside, natural light pours through large windows, bouncing off original hardwood floors and highlighting charming built-ins throughout. The layout includes multiple living and dining areas, two full bathrooms, and flexible spaces that can easily evolve with your needs-whether that's a home office, reading nook, or creative studio.
Outside, the oversized backyard is a blank canvas for entertaining, or simply enjoying the serenity of this tucked-away location. Imagine a garden retreat, or a dreamy outdoor dining setup under the trees.
Whether you're drawn by the architectural charm, dreaming of design-forward updates, or looking for a central location that can't be beat, this Rosedale retreat is ready to be something special. Zoned to highly rated schools and just minutes from Ramsey Park, top local eats (hello, Fonda San Miguel!), and the vibrant Burnet Road corridor, this home delivers both lifestyle and location.
Live in the heartbeat of Austin. Bring your vision and make it yours!
*Our sellers are completely out of pocket on Saturdays and Sundays. All offers received over the weekend will be presented first thing on Monday.*
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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 |
|---|---|---|---|
| May 20, 2025 | In contract | - | |
| In contract | |||
| May 6, 2025 | Listed by Harpeth Realty | $840,000 | |
| Listed by Harpeth Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017