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Map
4612 Turnstone DR
About This Property
An active City of Austin demolition notice was issued on February 4th. Buyer will be responsible for bringing the property into compliance. Per the City, demolition may be halted by submitting a scope of work and pulling the required permits. Buyers are strongly encouraged to independently verify requirements, timelines, and options directly with the City of Austin.
Property is being sold as-is, where-is, with no repairs or concessions. Buyer responsible for all due diligence, permits, inspections, repairs, and compliance with city regulations.
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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 |
|---|---|---|---|
| Mar 26, 2026 | In contract | - | |
| In contract | |||
| Mar 19, 2026 | Price Decreased |
$125,000
↓ $3K
(2%) | |
| Price Decreased | |||
| Mar 12, 2026 | Price Decreased |
$127,500
↓ $3K
(1.9%) | |
| Price Decreased | |||
| Mar 5, 2026 | Listed by eXp Realty, LLC | $130,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017