5800 Marilyn DR
About This Property
Renovated top-to-bottom in 2024 and move-in ready, the home includes chef's kitchen shining with quartz countertops, a center island, custom cabinetry, and stainless-steel appliances-ideal for hosting or everyday meals. Generously sized bedrooms with ample closet space include a guest suite with its own full bath, ideal for visitors, in-laws, or a dedicated home office.
Step outside to a backyard that's currently being enhanced into a relaxing outdoor retreat-mature trees provide shade and privacy, while the expansive patio sets the stage for weekend BBQs, kids at play, or quiet evenings outdoors under the Texas sky.
Major 2024 upgrades include:
• New roof
• New HVAC system
• New energy-efficient windows
• Updated electrical panel
• New water heater
• Fresh interior & exterior paint
Located minutes from Northwest Park, Burnet Road restaurants, and top-rated schools, this home offers the rare combination of turnkey living, space, and location in one of Austin's most beloved neighborhoods.
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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 6, 2025 | In contract | - | |
| In contract | |||
| Jul 16, 2025 | Price Decreased |
$1,100,000
↓ $90K
(7.6%) | |
| Price Decreased | |||
| May 14, 2025 | Price Decreased |
$1,190,000
↓ $10K
(0.8%) | |
| Price Decreased | |||
| Apr 18, 2025 | Listed by Lezlie Tram Realty, LLC | $1,200,000 | |
| Listed by Lezlie Tram Realty, LLC | |||
| Feb 14, 2024 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017