5203 Star Light TER #2
About This Property
Tucked away on a quiet cul-de-sac in the heart of East Austin (78721), this stylish 2-bedroom, 2-bath residence offers 1,098 square feet of thoughtfully designed living space. From the rich wood and tile flooring to the sleek recessed lighting and double vanity, every detail has been carefully considered.
Enjoy year-round comfort with ceiling fans and a smart thermostat and entertain effortlessly with a built-in dry bar and seamless indoor-outdoor flow. The kitchen is a chef's dream, featuring brand new stainless appliances-including a gas cooktop and oven, modern French door refrigerator with bottom freezer drawers, microwave, and dishwasher.
Convenience is key: located just minutes from downtown, with easy access to MLK Blvd, Airport Blvd, and multiple CapMetro stops, you're perfectly positioned to explore everything Austin has to offer. Stroll to local favorites like Civil Goat Coffee, Fiesta Market, and Micklethwait Craft Meats, or spend the weekend at Lady Bird Lake and Zilker Park.
Whether you're hosting guests or enjoying a quiet evening at home, this East Austin gem checks every box for modern city living-offering the perfect balance of comfort, functionality, and location.
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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 |
|---|---|---|---|
| Nov 1, 2025 | In contract | - | |
| In contract | |||
| Sep 4, 2025 | Listed by Luisa Mauro Real Estate | $550,000 | |
| Listed by Luisa Mauro Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/04/2025
|
2 Bed
|
2 Bath
|
1098 ft²
|
$550,000
2 Bed
2 Bath
1098 ft²
|
$550,000
09/04/2025
|
Luisa Mauro
Luisa Mauro Real Estate
| |
|
08/08/2025
|
4 Bed
|
3 Bath
|
2872 ft²
|
$1,190,000
4 Bed
3 Bath
2872 ft²
|
$1,099,000
-7.65%
08/08/2025
|
Luisa Mauro
Luisa Mauro Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017