4700 Ledesma RD #2
About This Property
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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 |
|---|---|---|---|
| Nov 23, 2025 | No longer available | - | |
| No longer available | |||
| Oct 2, 2025 | Price Decreased |
$549,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Aug 28, 2025 | Listed by Compass RE Texas, LLC | $559,000 | |
| Listed by Compass RE Texas, LLC | |||
| Jan 5, 2023 | Sold | ||
| Sold | |||
| Dec 2, 2022 | Listed by Compass RE Texas, LLC - SA | $649,000 | |
| Listed by Compass RE Texas, LLC - SA | |||
| | |||
|
Beautiful, modern new construction in hot East Austin, this custom 2 bedroom, 2.5 bath home is sure to impress with smooth level 5 walls, 15' vaulted ceilings, wide plank wood flooring, sleek cabinetry with soft-close construction, and many thoughtful design elements to bring the feel of luxury, warmth and functionality. Enter the main level through your custom steel door into the living and dining space, which is open to the kitchen and provides ample space for entertaining and gathering. The kitchen features quartz countertops, upgraded white cabinets, stainless appliances, including a 30" range and refrigerator, pantry, and eat-up bar. Outdoor gathering spaces include a covered front porch and rear patio featuring tongue and groove ceilings, and a terraced and fenced rear yard, ready for your gardening vision and furry friends. The primary bedroom is on the main level and secondary bedroom is upstairs, both with en-suite bathrooms and custom finishes. The primary suite overlooks the back yard and features a floor-to-ceiling tiled shower and walk-in closet. The full-size secondary bedroom could serve as an office or flex space. Unit 2 includes a single carport with epoxy floors. This home is located just off Springdale Rd., across from Givens District Park, within walking distance to Springdale General, and is a short distance to art galleries, local eateries, 2 miles to Mueller and 3.5 miles to downtown Austin. New owners will receive a 1-2-10 Yr Builder Warranty for peace of mind. *All measurements, taxes, age, financial & school data are approximate and provided by other sources. Buyer should independently verify same before relying thereon.*
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/28/2025
|
2 Bed
|
2 Bath
|
1095 ft²
|
$559,000
2 Bed
2 Bath
1095 ft²
|
-
-
|
Darsh Parikh
Compass RE Texas, LLC
| |
|
12/02/2022
|
2 Bed
|
2 Bath
|
1095 ft²
|
$649,000
2 Bed
2 Bath
1095 ft²
|
$649,000
01/05/2023
|
Audra Burtch
Compass RE Texas, LLC - SA
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017