5721 Louise LN
About This Property
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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%.
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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.
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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 | Listed by Compass RE Texas, LLC | $1,390,000 | |
| Listed by Compass RE Texas, LLC | |||
| Sep 11, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jul 21, 2026 | Price Decreased |
$1,470,000
↓ $25K
(1.7%) | |
| Price Decreased | |||
| May 26, 2026 | Listed by Compass RE Texas, LLC | $1,495,000 | |
| Listed by Compass RE Texas, LLC | |||
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This fully renovated modern ranch is tucked away on a quiet street in Allandale and offers 4 bedrooms, 2.5 bathrooms, and nearly 2,924 SF of thoughtfully designed living space. A soft neutral palette, light wood floors, and dark wood ceiling beams bring warmth and transitional style throughout the interior. The spacious single-story layout flows seamlessly from the designer kitchen into the living, dining, and secondary living spaces. A new Pella panoramic bifold sliding door system opens to the patio and connects to a detached 300 SF flex space that can function as a guest suite, office, gym, studio, or casita. Set on a sizable lot with mature trees and updated landscaping, the backyard is designed for both entertaining and everyday living. The serene primary suite features a spa-inspired bath with dual vanities, a large walk-in shower, built-in makeup vanity, and generous closet space. Approximately $100,000 in additional improvements have been completed since the 2018 renovation, including full Radiant Plumbing replacement, upgraded irrigation and sod installation, a custom primary closet addition, foundation repairs with transferable warranty, gutter upgrades, updated lighting fixtures, and garage epoxy flooring. Conveniently located near MoPac, Shoal Creek, 2222/Koenig, Northwest Pool, Mt. Bonnell, and Bright Leaf Preserve, with Downtown Austin and The Domain both less than 15 minutes away.
*Improvements/Updates Sheet, Sellers Disclosure & Lead-Based Paint Addendum also attached to the listing via MLS.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017