34
Map
5309 Lena DR
About This Property
Thoughtfully designed with modern finishes throughout, this beautifully appointed home backs to a scenic greenbelt and walking trail, creating peaceful wooded views. The flexible plan features 3 beds plus a study that easily functions as a home office, or formal. The open concept great room combines the family room, dining and kitchen beneath a cathedral vaulted ceiling with abundant natural light. The gourmet kitchen is highlighted by an oversized quartz island with bartop seating, SS built in appliances, a 5 burner gas cooktop w/pot filler, white cabinetry with cabinet pulls, pot drawers and abundant workspace. Hard surface flooring extends throughout the home. The spacious primary suite features high ceilings & natural lighting. The primary bath offers dual vanities, a soaking tub, walk in shower, private WC and large walk in closet. Step outside to enjoy both covered and uncovered patio spaces overlooking the greenbelt. The covered patio includes a fireplace and ceiling fan, creating an inviting outdoor living area for year round enjoyment. A rare tandem 2 car garage features overhead doors at both the front and rear, providing outstanding flexibility for entertaining, projects, additional outdoor living or easy backyard access.
Whether relaxing on the patio, exploring nearby parks and trails, enjoying the vibrant Mueller district or commuting to Austin's major employment centers, this home delivers the perfect combination of modern design, flexibility and an outstanding East Austin 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 |
|---|---|---|---|
| Jul 16, 2026 | In contract | - | |
| In contract | |||
| Jul 10, 2026 | Listed by Outlaw Realty | $599,990 | |
| Listed by Outlaw Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017