5332 Balcones DR #A
About This Property
Welcome to this stunning 2 bedroom, 2 bath condo located in the charming neighborhood of Highland Park West in Austin, TX. Situated within a 4-acre community filled with peaceful courtyards, mature trees, and pet-friendly areas, this home offers a serene escape from the hustle and bustle of city life.
Step inside to discover a spacious and well-appointed living space with modern finishes and an abundance of natural light. The open concept layout is perfect for entertaining guests or simply relaxing with loved ones.
Outside, you'll find a gated saltwater pool where you can cool off on hot summer days and enjoy the beautiful Texas weather. Take leisurely strolls through the manicured grounds or gather with neighbors in one of the communal outdoor spaces.
Located just minutes from downtown Austin, this condominium offers convenience and tranquility in equal measure. Don't miss your chance to call this wonderful property home. Schedule a showing today!
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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 |
|---|---|---|---|
| Apr 6, 2024 | In contract | - | |
| In contract | |||
| Mar 28, 2024 | Price Decreased |
$360,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Feb 29, 2024 | Listed by Twelve Rivers Realty | $370,000 | |
| Listed by Twelve Rivers Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/17/2025
|
2 Bed
|
2 Bath
|
994 ft²
|
$295,000
2 Bed
2 Bath
994 ft²
|
-
-
|
Mary Jane Parker
eXp Realty, LLC
| |
|
04/11/2024
|
2 Bed
|
2 Bath
|
995 ft²
|
$270,000
2 Bed
2 Bath
995 ft²
|
$270,000
04/11/2024
|
Allie Martinez
Compass RE Texas, LLC
| |
|
02/29/2024
|
2 Bed
|
2 Bath
|
1180 ft²
|
$370,000
2 Bed
2 Bath
1180 ft²
|
$360,000
-2.70%
02/29/2024
|
Crystal Barone
Twelve Rivers Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017