35
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4525 Grand Cypress DR
About This Property
Designed for both comfort and entertaining, this home boasts two dining areas and an open kitchen that flows seamlessly into the living spaces. Step outside to the covered back porch, where an outdoor kitchen and a tranquil water feature create an oasis for relaxation. The extra-wide driveway adds convenience, and the dedicated office makes working from home a breeze.
Located in 78745, Onion Creek offers quick access to Onion Creek Club's championship golf course, scenic trails, and parks. Enjoy dining at Valentina's Tex Mex BBQ, shopping at Southpark Meadows, or exploring the vibrant entertainment scene of South Austin. With easy access to I-35, downtown Austin is just a short drive away. Experience the perfect balance of serenity and city convenience in this exceptional home!
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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 |
|---|---|---|---|
| May 10, 2025 | In contract | - | |
| In contract | |||
| Mar 14, 2025 | Price Decreased |
$750,000
↓ $35K
(4.5%) | |
| Price Decreased | |||
| Jan 30, 2025 | Listed by Compass RE Texas, LLC | $785,000 | |
| Listed by Compass RE Texas, LLC | |||
| Aug 28, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jul 22, 2024 | Relisted | $795,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017