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5002 Emerald Forest CIR #BLDG4
About This Property
Construction is moving quickly at 5002 Emerald Forest Circle, and we're excited to announce that Units 3 & 4-part of the Emerald Forest Collection, affectionately known as "Bestie Row"-are now available for private VIP tours.
Units 3 & 4 Feature:
• 2,195 square feet
• 3 Bedrooms | 3.5 Bathrooms
• Main-level guest suite or home office with ensuite bath
• Open-concept kitchen flowing into a true dining room with custom built-in shelving
• Dramatic 15-foot vaulted family room with floor-to-ceiling windows overlooking the private backyard
• Private patio, pool, and landscaped yard with no rear neighbors
• Two upstairs vaulted bedroom suites, each with private ensuite bathrooms and dual vanities
• Spacious primary suite featuring a soaking tub, oversized walk-in shower with dual shower heads, oversized walk-in closet, and spa-inspired finishes
• Oversized laundry room with sink and natural light
• Large arched windows throughout, blending timeless architecture with modern design
• Timeless stucco and Texas limestone exterior
• Lush, professionally designed landscape package
• One-car covered carport
Located just minutes from Downtown Austin and the vibrant St. Elmo District, these homes offer a rare combination of privacy, exceptional design, and unmatched convenience. Whether you're looking for your next home, purchasing alongside friends or family, or searching for a unique luxury opportunity in one of Austin's most connected neighborhoods, the Emerald Forest Collection offers a truly one-of-a-kind living experience.
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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 |
|---|---|---|---|
| Sep 13, 2026 | In contract | - | |
| In contract | |||
| May 19, 2026 | Listed by Douglas Elliman Real Estate | $1,125,000 | |
| Listed by Douglas Elliman Real Estate | |||
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| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
Building Info
- 2 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017