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4705 Old Castle RD
About This Property
The real win is the walkability. You're just minutes from St. Elmo District and The Yard, with local favorites like St. Elmo Brewing, Still Austin Whiskey, Spokesman Coffee, pickleball, and a steady lineup of food and hangout spots close enough to become your favorite routine. It's not just a cute bungalow; it's a smart place to put roots down in a neighborhood that stays in demand. Buyer to verify all info.
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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 |
|---|---|---|---|
| Apr 2, 2026 | In contract | - | |
| In contract | |||
| Mar 21, 2026 | Price Decreased |
$499,000
↓ $41K
(7.6%) | |
| Price Decreased | |||
| Mar 6, 2026 | Listed by Compass RE Texas, LLC | $540,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017