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509 Lisa DR
About This Property
Inside, it's light, bright, and thoughtfully done with striking finishes and a floor plan that lives beautifully. Taj Mahal quartz counters and full-height backsplash bring the wow factor to the kitchen also featuring all Thermador appliances, a six burner gas stove with 12" griddle, built-in refrigerator and a walk-in pantry. Walls of windows flood the living spaces with natural light. On the main floor, the primary suite feels like a boutique hotel featuring an oversized shower with dual showerheads and dual rain features, black standalone tub for contrast, and a custom closet with built-ins that make organization easy.
Also on the main level is a flex room perfect as a guest room, office, or workout room-you name it. Upstairs offers a second living area and three more bedrooms with ensuite baths.
And bonus: epoxy-coated garage floors, extra parking for guests, and a rare opportunity to own new construction under $2M in one of Austin's most coveted school districts.
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Cap Rate Calculator
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 1, 2025 | In contract | - | |
| In contract | |||
| Aug 17, 2025 | Relisted | $1,649,000 | |
| Relisted | |||
| Aug 8, 2025 | In contract | - | |
| In contract | |||
| Jul 31, 2025 | Relisted | $1,649,000 | |
| Relisted | |||
| Jul 23, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017