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5709 Alsace TRL
About This Property
Inside, you'll find a practical floor plan with no carpet throughout, offering easy maintenance and a clean, modern feel. The kitchen has been refreshed and is ready for everyday cooking or entertaining. The rear carport provides covered parking and convenience, while the lot offers space to enjoy the outdoors.
Being sold as-is, this property represents excellent value, especially considering the 2025 tax appraisal of $294,000. Its recent updates combined with affordable pricing make it a smart choice for a variety of buyers.
Location Highlights: Situated in a growing East Austin neighborhood, this home offers quick access to Highways 183 and 290, making commutes into Downtown Austin, the Mueller District, and Austin-Bergstrom International Airport easy and convenient. Nearby, you'll find local parks, schools, shopping, and dining, with the energy of East Austin's restaurant and cultural scene just minutes away.
Whether you're purchasing your first home, adding to your investment portfolio, or seeking an affordable property close to the city this is the home you are looking for! Schedule a showing today!
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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 |
|---|---|---|---|
| Dec 16, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Sep 27, 2025 | Listed by Levi Rodgers Real Estate Group | $239,500 | |
| Listed by Levi Rodgers Real Estate Group | |||
| Feb 27, 2025 | In contract | - | |
| In contract | |||
| Feb 6, 2025 | Relisted | $249,900 | |
| Relisted | |||
| Jan 29, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017