$548,000
●
House -
Off Market
5510 Cordell LN
Austin, TX 78723
3 Beds
2 Baths
1,183 Ft²
$3,239
Est. Monthly
4.27%
Cap Rate
About This Property
Beautifully remodeled, impeccably maintained 3 bedroom, 2 full bath
house in the desirable Windsor Park area. You will be wowed
by the vaulted ceiling, exposed beams and fireplace in the open
concept living area. Fully remodeled kitchen is equipped with
huge eat-in peninsula with pendants, dining area, brand new
appliances and butcher block countertops. All interiors have
been remodeled including bathrooms, new windows and flooring. Even
more dramatic is the covered back deck looking out over the
generous fully fenced backyard with planter areas, true
indoor/outdoor living! Washer/Dryer included in a custom laundry
area. The house includes a beautiful stone front, gutters,
solar panels, 2-car garage, large shed and sprinkler system. The
foundation was recently repaired and comes with warranty. Located
near I-35, 290 and the newly expanded 183. Adjacent to great
shopping, public parks, and Mueller, just a short drive to the
Domain, downtown and the airport. This is modern mid-century
Austin living at its finest!
Unit Size
1,183 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$463
Property Type
House
Property Taxes
$548
HOA Dues
-
Year Built
1965
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Cap Rate Calculator
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Cap Rate
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: 2 years ago (Unlock MLS #ACT4481150)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 13, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Oct 20, 2024 | Price Decreased |
$548,000
↓ $37K
(6.3%) | |
| Price Decreased | |||
| Aug 18, 2024 | Relisted | $585,000 | |
| Relisted | |||
| Aug 16, 2024 | In contract | - | |
| In contract | |||
| Aug 16, 2024 | Price Decreased |
$585,000
↓ $155K
(21%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
Price/ft²
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HOA + Taxes
About East MLK
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Listed by: Martin Bebout
Listed Office: Keller Williams Realty - Listing courtesy of Unlock MLS
Phone: (512) 346-3550
Last Updated: 2024-11-13 09:08:33
Data Source: Unlock MLS, MLS# ACT4481150
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Keller Williams Realty - Listing courtesy of Unlock MLS
Phone: (512) 346-3550
Last Updated: 2024-11-13 09:08:33
Data Source: Unlock MLS, MLS# ACT4481150
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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