11
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5001 Summerset TRL
About This Property
Step inside to tall ceilings, exposed wood beams, and wide plank luxury vinyl flooring that gives the home a bright, modern feel. The light filled living room features a Venetian plaster fireplace and flows seamlessly into the updated kitchen with quartz countertops, a pot filler faucet, stainless steel farmhouse sink, pantry, and custom lighting.
The spacious primary suite includes dual closets, a sliding barn door, and a spa inspired bathroom with double vanities and a walk in rainfall shower. Each room highlights elevated details, from recessed lighting and tall baseboards to a clean, neutral palette.
Outside, enjoy a large private backyard with mature trees, a shaded pergola, and an outdoor fireplace perfect for entertaining, relaxing, or dining al fresco.
Located within walking distance to Patton Elementary and Westcreek Park, this home sits in one of Austin's most established and convenient neighborhoods. Easy access to Mopac and Highway 290 makes getting to Downtown Austin, Zilker Park, and the Barton Creek Greenbelt quick and effortless.
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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 27, 2026 | In contract | - | |
| In contract | |||
| Mar 12, 2026 | Price Decreased |
$599,900
↓ $29K
(4.6%) | |
| Price Decreased | |||
| Feb 13, 2026 | Price Decreased |
$629,000
↓ $21K
(3.2%) | |
| Price Decreased | |||
| Oct 23, 2025 | Listed by Moreland Properties | $649,900 | |
| Listed by Moreland Properties | |||
| Mar 3, 2024 | Listed by Texas Urban PM | $679,900 | |
| Listed by Texas Urban PM | |||
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Gorgeous, extensively remodeled home with all the best finishes. Wide-plank vinyl flooring with tall baseboards sets a fresh tone throughout the home, which feels inviting and light with vaulted ceilings, beams, and lots of windows. Enjoy modern light fixtures and wood accents in the kitchen and bathrooms. The kitchen features a pot-filler faucet with a stainless steel sink, a pantry, and a breakfast/dining area. Don't miss the beautiful Venetian plaster fireplace in the family room. A barn door maximizes space in the primary bedroom, which has two closets, plus dual vanities and a walk-in rainfall shower in the primary bathroom. Find added touches like ceiling fans and recessed lighting throughout. The spacious backyard equals an additional relaxation area, with mature trees and a large pergola. Walking distance to Patton Elementary School and Westcreek Park, part of this lovely and established neighborhood in southwest Austin. This home is in a great location and right around the corner is Arbor Trails, with a Costco, Whole Foods, and much more.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017