5311 Regency DR
About This Property
The outdoor space is a true highlight of this property. Step through the sliding glass doors onto a serene patio, where you can unwind and enjoy the beautifully landscaped backyard. The generous yard provides plenty of room for gardening, play, or simply basking in the Texas sun. Whether hosting summer barbecues or enjoying quiet evenings under the stars, this outdoor oasis is sure to impress.
Located in a vibrant neighborhood, this home offers easy access to a variety of local amenities, including parks, shopping centers, and dining options. The property is just a short drive from downtown Austin, where you can explore the city's renowned music scene, cultural attractions, and outdoor recreational areas. With quick access to major highways, commuting to work or weekend getaways is a breeze.
This home is perfect for families, professionals, or anyone looking to enjoy the best of Austin living. With three spacious bedrooms and two modern bathrooms, there's plenty of room for everyone. The master suite is a tranquil retreat, featuring a walk-in closet and an en-suite bathroom, ensuring a private sanctuary at the end of the day.
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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 |
|---|---|---|---|
| Oct 31, 2024 | In contract | - | |
| In contract | |||
| Oct 24, 2024 | Listed by Compass RE Texas, LLC | $395,000 | |
| Listed by Compass RE Texas, LLC | |||
| Oct 1, 2024 | No longer available | - | |
| No longer available | |||
| Jul 11, 2024 | Relisted | $399,999 | |
| Relisted | |||
| Jul 10, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017