5105 Plumas LN
About This Property
Set on a generous 0.25-acre lot, this property offers the kind of space that's getting harder to find this close to the city. Mature trees frame the property, creating a setting that feels grounded, private, and full of potential.
Inside, a classic three-bedroom, two-bath layout provides a move-in-ready opportunity. Open living areas and a flexible footprint make it easy to live in now, update over time, or reimagine to your liking. Thoughtful updates in the kitchen feature modernized hardware and GE Cafe appliances, along with a convenient breakfast bar. The functional layout provides a solid foundation with three bedrooms, two baths, and open living spaces that can easily adapt to a variety of lifestyles. Natural light fills the home, highlighting its simplicity and livability while offering a blank canvas for thoughtful updates, if desired.
The scale of the lot is the true standout. The deep backyard, shaded by mature trees, offers endless potential, room to expand, design an outdoor retreat, or simply enjoy the space and privacy that's increasingly hard to find this close to the city.
With a two-car garage, generous lot size, and an unbeatable location in one of South Austin's most established neighborhoods, this is an opportunity to invest in both lifestyle and long-term potential. If you've been waiting for the right lot, in the right neighborhood, with the freedom to make it your own, this is it.
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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 |
|---|---|---|---|
| Aug 7, 2026 | In contract | - | |
| In contract | |||
| Apr 30, 2026 | Price Decreased |
$625,000
↓ $60K
(8.8%) | |
| Price Decreased | |||
| Mar 25, 2026 | Listed by Kuper Sotheby's Int'l Realty | $685,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017