4800 W Frances PL
About This Property
Major updates, such as the opened floor plan, master bath, hall bathroom, master closet, and laundry/mudroom, showcase the modernization of this home. Additional features include new flooring throughout in 2017, a new roof in 2016, custom double-pane windows and window treatments, and a new fence, all contributing to the property's contemporary charm.
Situated on a large corner lot, the home offers expansion opportunities, a pool, or an ADU/building. The spacious layout includes a family room with a wood-burning fireplace, open concept living/dining, and a bright kitchen. The master suite features a large walk-in closet and an en-suite bathroom with a double vanity.
The property's large, flat corner lot is adorned with big trees, creating a shaded canopy in the fully fenced backyard. The covered patio seamlessly connects to the family room, fostering a harmonious blend of indoor and outdoor living. Access to the 2-car carport is conveniently located off to the side.
Zoned to highly-rated schools and close to The Grove shopping retail, this residence combines modern amenities with classic charm, providing the perfect balance for comfortable living in a prime central Austin location. Nearby dining options include Fonda San Miguel, Torchy's Tacos, The Peached Tortilla, Bird Bird Biscuit, Austin Diner, Pinthouse Pizza, and more.
This turnkey property is ready for you to move in and make it your own. Don't miss the opportunity to call this meticulously updated and well-loved home yours!
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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 |
|---|---|---|---|
| Feb 20, 2024 | In contract | - | |
| In contract | |||
| Feb 6, 2024 | Price Decreased |
$1,250,000
↓ $45K
(3.5%) | |
| Price Decreased | |||
| Jan 4, 2024 | Listed by KW-Austin Portfolio Real Estate | $1,295,000 | |
| Listed by KW-Austin Portfolio Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017