$430,000
●
House -
Off Market
507 Blackberry DR
Austin, TX 78745
3 Beds
3 Baths,
1
Half Bath
1,542 Ft²
$2,775
Est. Monthly
4.57%
Cap Rate
About This Property
Move right in or customize this well loved Beaconridge home.
Features include a dine in kitchen that overlooks the backyard, a
spacious living room with a gas fireplace and a large master suite.
in September 2023 the inside of the home was completely repainted
and the water heater was replaced; carpet was replaced in 2021;
siding, HVAC and windows are all less than 10 years old. Step out
back into a spacious and lovely screened-in porch with ceiling fans
and a potting table - perfect for gardening and entertaining. The
shed in the backyard conveys! This home is conveniently located off
South 1st Street with easy access to South Congress and minutes
from shopping & dining.
Unit Size
1,542 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$279
Property Type
House
Property Taxes
$663
HOA Dues
-
Year Built
1979
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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: 3 years ago (Unlock MLS #ACT4070565)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 26, 2024 | In contract | - | |
| In contract | |||
| Mar 20, 2024 | Listed by Engel & Volkers Austin | $430,000 | |
| Listed by Engel & Volkers Austin | |||
| Feb 23, 2024 | No longer available | - | |
| No longer available | |||
| Oct 27, 2023 | Price Decreased |
$444,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Sep 22, 2023 | Listed by Engel & Volkers Austin Westlake | $449,000 | |
| Listed by Engel & Volkers Austin Westlake | |||
| | |||
|
Seller to offer 2-1 Buy Down with negotiated contract! Move right in or customize this well loved Beaconridge home. Features include a dine in kitchen that overlooks the backyard, a spacious living room with a gas fireplace??and a large master suite. in September??2023 the inside of the home was completely repainted and the water heater was replaced; carpet was replaced in 2021; siding, HVAC and windows are all less than 10 years old. Step out back into??a spacious and lovely screened-in porch with ceiling fans and a potting table -??perfect for gardening and entertaining. The??shed in the backyard conveys!??This home is conveniently located off South 1st Street with easy access to South Congress and minutes from shopping & dining. The manager has listed the unit size as 1542 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Austin
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Listed by: Kris Calder
Listed Office: Engel & Volkers Austin - Listing courtesy of Unlock MLS
Phone: (512) 328-3939
Last Updated: 2024-04-27 18:15:30
Data Source: Unlock MLS, MLS# ACT4070565
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Engel & Volkers Austin - Listing courtesy of Unlock MLS
Phone: (512) 328-3939
Last Updated: 2024-04-27 18:15:30
Data Source: Unlock MLS, MLS# ACT4070565
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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