36
Map
5706 Cherry Creek DR
About This Property
The expansive backyard provides ample space for future improvements, additions, or outdoor enhancements. Located just minutes from Westgate shopping, Hwy 290, and major commuter routes, with convenient access to Downtown Austin. Enjoy the balance of a peaceful neighborhood setting with proximity to South Austin dining, retail, parks, and employment centers. Ideal for buyers or investors seeking location, lot size, and long-term potential.
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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 |
|---|---|---|---|
| Feb 18, 2026 | In contract | - | |
| In contract | |||
| Feb 15, 2026 | Relisted | $450,000 | |
| Relisted | |||
| Feb 8, 2026 | In contract | - | |
| In contract | |||
| Jan 26, 2026 | Price Decreased |
$450,000
↓ $25K
(5.3%) | |
| Price Decreased | |||
| Jan 4, 2026 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017