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Map
5804 Cherry Creek DR
About This Property
All offers must be submitted by Sunday, May 4th at 6:00 PM CST. The seller reserves the right to accept an offer prior to this deadline.
Buyer Eligibility:
All buyers and investors are welcome to submit offers
Welcome to 5804 Cherry Creek Dr - a rare as-is offering in the highly desirable 78745 zip code. Situated on a spacious lot with mature trees, this 3-bed, 2-bath home offers endless potential for a full renovation, rental income, or redevelopment.
With great bones and a functional layout, this home is ideal for investors or savvy buyers ready to bring their vision to life. Located just minutes from South Lamar, Central Market, and Downtown Austin, you're in the heart of it all.
No repairs will be made by the seller. Priced to sell and sold as-is - don't miss this opportunity to create something special in one of Austin's most in-demand 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 |
|---|---|---|---|
| May 7, 2025 | In contract | - | |
| In contract | |||
| May 4, 2025 | Relisted | $430,000 | |
| Relisted | |||
| Apr 10, 2025 | In contract | - | |
| In contract | |||
| Mar 27, 2025 | Listed by eXp Realty, LLC | $430,000 | |
| Listed by eXp Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017