26
Map
$535,000
↓ $20K (3.6%)
●
Land -
Off Market
5002 Rowena
Austin, TX 78751
Studio
0 Bath
$2,627
Est. Monthly
About This Property
Oversized .18 AC lot on quiet, tree-lined Rowena Avenue in North
Hyde Park. Opportunity to build your dream home in one of Austin's
most sought-after neighborhoods. Many renovated original properties
and new construction in the area. Current structure is a duplex
with 1 bed/1bath on each side, vintage wood floors and original
vintage tile in the bathrooms and kitchens. Fantastic location
walkable to Epoch Coffee, Homeslice Pizza, and popular Airport
Blvd. Convenient to UT campus and downtown Austin with easy access
to I-35. Survey available. Seller financing available.
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1950
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Cap Rate Calculator
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Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
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Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (Unlock MLS #ACT4206808)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 16, 2024 | Price Decreased |
$535,000
↓ $20K
(3.6%) | |
| Price Decreased | |||
| Oct 17, 2024 | Listed by Compass RE Texas, LLC | $555,000 | |
| Listed by Compass RE Texas, LLC | |||
| Sep 7, 2024 | Price Decreased |
$555,000
↓ $20K
(3.5%) | |
| Price Decreased | |||
| Jun 28, 2024 | Price Decreased |
$575,000
↓ $20K
(3.4%) | |
| Price Decreased | |||
| May 15, 2024 | Listed by Compass RE Texas, LLC | $595,000 | |
| Listed by Compass RE Texas, LLC | |||
   | |||
|
Oversized .18 AC lot on quiet, tree-lined Rowena Avenue in North Hyde Park. Opportunity to build your dream home in one of Austin's most sought-after neighborhoods. Many renovated original properties and new construction in the area. Current structure is a duplex with 1 bed/1bath on each side, vintage wood floors and original vintage tile in the bathrooms and kitchens. Fantastic location walkable to Epoch Coffee, Homeslice Pizza, and popular Airport Blvd. Convenient to UT campus and downtown Austin with easy access to I-35. Survey available. Seller financing available.
| |||
Property Highlights
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About North Loop
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Currently no similar homes aroundNearby Rentals
Listed by: Tammy Young
Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2025-03-12 04:24:35
Data Source: Unlock MLS, MLS# ACT4206808
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2025-03-12 04:24:35
Data Source: Unlock MLS, MLS# ACT4206808
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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