Updated single-story house in South Austin that backs to a
greenbelt! Major improvements include cast iron plumbing replaced
with PVC (2019), Pella windows (2022), and HVAC replaced (2023).
Wood and tile flooring throughout - no carpet. Open floorplan
connects the kitchen, dining, and living areas seamlessly. The
kitchen features granite countertops, stainless steel appliances,
induction cooktop, convection oven, bar seating, and built-in wine
storage. Flexible second living area is perfect for a home office,
playroom, or media room. Private primary suite with walk-in
shower and large vanity. Enjoy the spacious covered patio, fully
fenced backyard, and 10x10 shed with rubber flooring.
Excellent South Austin location near St. David's South,
Williamson Creek Greenbelt trails, restaurants, shopping, and
transit access.
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.
Interior Features: Bookcases, Breakfast Bar, Ceiling Fan(s), Granite Counters, Open Floorplan, Pantry, Recessed Lighting, Multiple Living Areas, Primary Bedroom on Main
Appliances: Dishwasher, Disposal, Dryer, Electric Range, ENERGY STAR Qualified Appliances, Exhaust Fan, Induction Cooktop, Microwave, Free-Standing Range, Refrigerator, Stainless Steel Appliance(s), Water Heater, RNGHD
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