5600 Ledesma RD
About This Property
This one-of-a-kind property features a 3-bedroom, 2-bath main house and a 531-square-foot guest house. The guest house is currently producing high rental income; the tenant is month-to-month, giving the next owner flexibility to continue leasing, if desired. Situated on a serene 0.18-acre lot shaded by mature trees, the property is enhanced by an 8-foot cedar privacy fence and a custom wood automatic gate.
Inside, the floor plan features laminate wood flooring illuminated by recessed lighting. The kitchen is equipped with stone countertops, a Saltillo tile backsplash, and a breakfast bar. Stainless steel appliances include a gas stove and a French-door refrigerator with an RO system supporting the fridge.
Additional interior highlights include a ductless heating/cooling system with 4 separate mini-splits. From the primary bedroom, a large sliding door frames beautiful views of the greenbelt canopy and opens directly to the backyard. The primary bathroom features a walk-in shower with two shower heads, a custom wood cabinet, and a concrete sink from Europe. The heated toilet with bidet adds a thoughtful touch.
The exterior offers a private backyard with multiple outdoor living areas, including a deck and a stone courtyard. The terraced yard features an above-ground spa, and a stock tank pool for cooling off in the Texas summer. An eco-friendly mosquito system is also in place.
Recently remodeled, the property features a new metal roof on the main house and guest house, along with new siding on both structures.
At the end of Ledesma, a greenbelt offers hiking trails, including a walk with a magnificent view of downtown Austin. It is an ideal place to take in the sunset. Enjoy walking to a coffee shop and some of the best barbecue in Austin, while being just a short drive from East Austin's acclaimed restaurant scene.
Contact me for a private showing!
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Sep 2, 2026 | Listed by Compass RE Texas, LLC | $749,000 | |
| Listed by Compass RE Texas, LLC | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017