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4607 Graceful LN
About This Property
Two-story detached condo in Chaparral Crossing offering 3 bedrooms, 2 full baths, 1 half bath, and approximately 1,321 sqft in East Austin. Main level features an open-concept living, dining, and kitchen layout with stained concrete flooring, recessed lighting, ceiling fan, multiple windows, and direct access to the fenced backyard. Kitchen includes dark cabinetry, tile backsplash, black appliances, gas range, built-in microwave, dishwasher, double-basin sink, pantry-style storage, and breakfast bar seating overlooking the dining and living areas. A main-level half bath and laundry area add everyday function. Upstairs includes carpeted bedrooms, a flexible landing area, and a covered second-level balcony overlooking the front of the home. Primary bath features a glass-enclosed tile shower, single vanity, tile surround, and neutral finishes. Secondary bath includes a tub/shower combination with tile surround. Exterior features include a covered front entry, rear patio, private fenced yard, side yard space, and gated backyard access. Chaparral Crossing amenities include park space, pavilion, basketball court, playscape, tables, benches, community mailbox, common areas, picnic area, sport court, playground, and dog park. HOA services include common area maintenance. Located near SH-130 and FM 973, with access to Austin's Colony Colorado River Park, Webberville Park, Tesla Gigafactory, Austin-Bergstrom International Airport, and Downtown Austin. Nearby roadway connections support access to East Austin, Manor, Del Valle, the Colorado River corridor, ABIA, and major employment areas along SH-130. Low-maintenance yard layout and detached-home design provide separation while keeping community amenities nearby, plus quick access to the SH-130 and FM 973 growth 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%.
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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 |
|---|---|---|---|
| Aug 28, 2026 | In contract | - | |
| In contract | |||
| Jun 23, 2026 | Listed by Real Broker, LLC | $245,000 | |
| Listed by Real Broker, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017