5705 Viewpoint DR
About This Property
Recent improvements include a new roof (2026), new water heater (2025), fresh sod and landscaping, tree trimming, fence repairs, power washing, paint touch-ups, and deep cleaning, allowing the next owner to focus on making the space their own. The backyard offers plenty of room for pets, play, gardening, or weekend BBQs.
Perfectly positioned just minutes from Tesla, Oracle, Austin-Bergstrom International Airport, McKinney Falls State Park, Downtown Austin, South Congress, IH-35, and SH-130, this location makes commuting and enjoying everything Austin has to offer incredibly convenient. Whether you're a first-time buyer, investor, or someone looking for an affordable entry into the Austin market, this home delivers the opportunity to move in now and personalize over time. At this price point, finding a home with this location, recent major updates, and future potential is becoming increasingly rare.
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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 |
|---|---|---|---|
| Sep 15, 2026 | In contract | - | |
| In contract | |||
| Sep 4, 2026 | Price Decreased |
$310,500
↓ $8K
(2.4%) | |
| Price Decreased | |||
| Jul 9, 2026 | Price Decreased |
$318,000
↓ $12K
(3.6%) | |
| Price Decreased | |||
| Jun 2, 2026 | Listed by Magnolia Realty Round Rock | $330,000 | |
| Listed by Magnolia Realty Round Rock | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017