$500,000
●
Land -
Off Market
5506 McCarty LN
Austin, TX 78749
Studio
0 Bath
$2,541
Est. Monthly
About This Property
This lot is 3.2 acres, zoned SF-2. It's beautiful and recently
cleared by the current owner and ready to build on with a
few amazing heritage oaks throughout the property. There's trails, a dry creek and tons of privacy. The allowable build
space is 14,800 square feet located outside the floorplain. Buyer and buyer agent are responsible for verifying all info
for this property, current owner did have a land study ran by please see that info in the docs.
few amazing heritage oaks throughout the property. There's trails, a dry creek and tons of privacy. The allowable build
space is 14,800 square feet located outside the floorplain. Buyer and buyer agent are responsible for verifying all info
for this property, current owner did have a land study ran by please see that info in the docs.
Unit Size
-
Days on Market
-
Land Size
3.29 acres
Price per sqft
-
Property Type
Land
Property Taxes
$86
HOA Dues
-
Year Built
-
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Unlock MLS #ACT1967872)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 15, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Aug 25, 2023 | Listed by Douglas Elliman Real Estate | $500,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Feb 2, 2022 | No longer available | - | |
| No longer available | |||
| Dec 11, 2021 | Price Decreased |
$1,400,000
↓ $50K
(3.5%) | |
| Price Decreased | |||
| Oct 6, 2021 | Listed by AVO Realty, LLC | $1,450,000 | |
| Listed by AVO Realty, LLC | |||
| | |||
|
Actual address for this property is 5506 McCarty Ln Austin TX 78749. Location! Location! Location! Unrestricted, Mixed Use property. Located in SW Austin/Oak Hill area, near Loop 1 with a short drive to downtown. Very convenient to HWY 71 to get to Lake Travis, Spicewood, and Marble Falls. Lot backs up to Williamson Creek and Greenbelt. Also right off HWY 290 for easy access to the Hill Country area, including the 290 Wine Trail. Close to grocery stores, restaurants, and entertainment. Lot is filled with trees. This is a must see! Schedule your showing today! Tax info is incorrect, see attached Survey in the MLS showing 3.66 acres
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About Oak Hill
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Listed by: Todd Burgener
Listed Office: Douglas Elliman Real Estate - Listing courtesy of Unlock MLS
Phone: (512) 866-3795
Last Updated: 2024-02-15 17:56:33
Data Source: Unlock MLS, MLS# ACT1967872
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Douglas Elliman Real Estate - Listing courtesy of Unlock MLS
Phone: (512) 866-3795
Last Updated: 2024-02-15 17:56:33
Data Source: Unlock MLS, MLS# ACT1967872
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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