17
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5203 Balcones DR
About This Property
has been demo'd and cleared of the existing home. This home site is restricted to one residence not exceeding 2400
sq.ft conditioned space and not more than two stories.
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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 |
|---|---|---|---|
| Apr 22, 2025 | In contract | - | |
| In contract | |||
| Feb 25, 2025 | Listed by eXp Realty, LLC | $395,000 | |
| Listed by eXp Realty, LLC | |||
| Feb 19, 2024 | Delisted | - | |
| Delisted | |||
| Feb 14, 2024 | In contract | - | |
| In contract | |||
| Dec 14, 2023 | Listed by Spyglass Realty | $600,000 | |
| Listed by Spyglass Realty | |||
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Perfect location for your new home construction! One minute to Mopac with dining, shopping, grocery, and necessities nearby. Live close to MT. Bonnell, Chez Zee, Starbucks, and Randalls. Location can not be beat! Lot will be cleared in early January and ready for your new home to be built by Savvy Construction, LLC. Builder is highly knowledgable with City of Austin building restrictions.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017