5306 Grover Ave
About This Property
Inside, elevated ceilings and an exceptional window package bring in incredible natural light while creating a strong sense of openness across the living spaces. The open-concept floor plan flows effortlessly from the kitchen to the dining and living areas, creating an ideal environment for hosting gatherings or relaxed nights at home. High-end finishes and thoughtfully selected materials add warmth, texture, and character throughout the interiors.
Designed with indoor-outdoor living in mind, expansive glass openings lead to a private backyard retreat complete with a pool and outdoor kitchen, offering a seamless extension of the living space and an ideal setup for year-round entertaining. Every element of the home reflects intentional design, from the architectural curves and custom details to the balance of functionality and visual impact throughout.
Additional features include a one-car garage, a one-car carport, spacious secondary bedrooms, and a layout that blends comfort with bold design. Located in the heart of Brentwood, 5306 Grover Avenue offers a rare opportunity to own an architecturally driven new construction home in one of Central Austin's most established neighborhoods.
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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 |
|---|---|---|---|
| Jul 1, 2026 | Withdrawn | - | |
| Withdrawn | |||
| May 1, 2026 | Listed by Kuper Sotheby's Int'l Realty | $1,695,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017