5014 W Frances PL
About This Property
Recent improvements include a 30 years shingled roof (7/2026), beautifully refinished hardwood floors and fresh interior and exterior paint (7/2026), electrical service updated with a new main panel in 2014, and the sewer line was replaced in 2017. The windows throughout the home have also been replaced with Anderson windows. Step inside this well appointed home to find a spacious living area complete with beautiful brick fireplace. The kitchen was beautifully remodeled in 2021 with updated cabinetry, granite countertops, and features recessed lighting, stainless steel appliances and a free standing ice-maker. The dining area just off the kitchen is complete with built in bench seating and cabinets. The home also features a mother in law plan complete with a spacious primary suite located in the rear of the home including a primary bedroom with ensuite bathroom. The homes sunroom or secondary living area is found between the kitchen and primary suite. Improvements of this room include replacement of the original glass louvered windows with patio doors on both sides for ease of access to the private backyard, installation of split-system air-conditioning unit. The home also features 3 spacious bedrooms in the front section of the home with 2 additional baths featuring vintage tile from the era the home was built. Step outside to enjoy a private backyard retreat complete with a hot tub that conveys with the property-ideal for relaxing or entertaining.
Ideally located near parks, some of Austin ISD's most prestegious schools, shopping, dining, and everything Central Austin has to offer, this beautifully maintained gem combines quality updates, functional living spaces, and an exceptional location.
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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 |
|---|---|---|---|
| Aug 12, 2026 | In contract | - | |
| In contract | |||
| Jul 30, 2026 | Listed by Compass RE Texas, LLC | $750,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017