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 | |||
| |||
|
Welcome to this stunning custom-built East Austin residence, where modern design meets everyday comfort and NO MONEY DOWN financing makes homeownership more attainable than ever. Completed in 2023 by Brownstone Capital, this thoughtfully designed home features 2 bedrooms, 2.5 baths, and a highly functional layout enhanced by luxury finishes throughout. Step inside and you’re greeted with level 5 smooth walls, wide-plank wood flooring, and soaring 15-foot vaulted ceilings that create a sense of openness while expansive large windows flood the interiors with natural light, making every space feel warm and inviting. The open-concept main level is perfect for both entertaining and day-to-day living, with a stylish chef’s kitchen showcasing quartz countertops, sleek soft-close cabinetry, stainless steel appliances, a pantry, and an eat-up bar that seamlessly flows into the dining and living areas. The main-level primary suite offers a private retreat with a spa-inspired bath and walk-in closet, while the upstairs suite doubles as a guest bedroom, home office, or flex space to fit your lifestyle. Outside, enjoy multiple options for entertaining and relaxing with a covered front porch, rear patio, and a terraced backyard—ideal for gardening, pets, or hosting gatherings under the Austin sky. The generous backyard provides ample room for families and four-legged friends to spread out, while still offering the convenience of low-maintenance outdoor living. Every detail of this home was designed with comfort and quality in mind, from the luxury fixtures to the efficient floor plan. Perfectly located just steps from Givens Park and minutes to Mueller, Downtown Austin, local dining, and entertainment, this property offers not just a beautiful home, but also a vibrant lifestyle in one of Austin’s most desirable neighborhoods. Whether you’re seeking a private sanctuary or a smart investment, this home delivers the perfect blend of modern elegance, function, and location.
| |||
| Jan 5, 2023 | Sold | ||
| Sold | |||
| Dec 2, 2022 | Listed by Compass RE Texas, LLC - SA | $649,000 | |
| Listed by Compass RE Texas, LLC - SA | |||
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