5807 Link Ave
About This Property
Just off Koenig Lane, Skyview offers a surprising sense of tranquility. This charming ranch home features an open living and dining area flowing seamlessly onto a spacious, timber-covered deck-perfect for entertaining, unwinding with a morning coffee, or even working from home. Inside, gorgeous original hardwood floors flow through the dining and living areas. The updated galley kitchen boasts Silestone countertops, a deep sink, & a layout that connects seamlessly to a utility room with custom wood cabinetry. A thoughtful 2015 remodel brought modern touches, including a laundry room, full-lite glass windows and doors in the dining area, new ceiling insulation, and a spacious covered deck-perfect for hosting or unwinding under the Texas sky. The main house is 1132 sq ft - in addition, a 160 sf ADU of living space is just down the path by the vegetable garden-a private retreat brimming with possibilities. The primary bedroom offers views of the side & backyard. A bright front bedroom is ideal for home office, while the third bedroom-overlooking the backyard-makes a perfect guest retreat. The bathroom maintains it's 1950s charm, complemented by updated fixtures for a blend of vintage character and modern convenience. Just a 15-minute stroll takes you to the North Loop district, filled with unique restaurants, coffee shops, & vintage boutiques. The Highland train station & ACC district are also within walking distance. Families and outdoor enthusiasts will love the nearby park and elementary school, while easy access to I-35, 290, Lamar, 2222, and Airport Blvd puts you just five miles from downtown, north of Hyde Park, & a quick 10-minute drive to The Domain. Updated windows in 2022, no HOA. For more info, go to: https://wkf.ms/4iYDyTT
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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 |
|---|---|---|---|
| Apr 8, 2025 | In contract | - | |
| In contract | |||
| Apr 2, 2025 | Listed by Compass RE Texas, LLC | $650,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017