5708 Lark Creek DR
About This Property
The remodeled kitchen features new cabinetry, quartz countertops, stainless steel appliances, updated fixtures, and a clean, contemporary finish. Both bathrooms have also been remodeled with new finishes and fixtures, creating a cohesive look throughout the home. Fresh interior and exterior paint adds to the home's updated feel.
Outside, recent improvements include an improved driveway and refreshed front landscaping with new plantings and mulch, enhancing the home's curb appeal. Mature trees provide shade and character to the property, while the spacious .188-acre lot offers additional outdoor space.
With extensive updates already completed, 5708 Lark Creek Drive offers the opportunity to enjoy a fully refreshed, single-story home without taking on a major renovation. Conveniently located in Austin with easy access to shopping, dining, major roadways, and everyday conveniences.
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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 25, 2026 | Listed by Douglas Elliman Real Estate | $325,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Jul 18, 2026 | In contract | - | |
| In contract | |||
| Jul 1, 2026 | Relisted | $265,000 | |
| Relisted | |||
| Jun 29, 2026 | In contract | - | |
| In contract | |||
| Jun 4, 2026 | Price Decreased |
$265,000
↓ $10K
(3.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017