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5902 Down Valley CT
About This Property
Inside, the home spans approximately 3,276 square feet with a flexible, livable layout designed for both everyday comfort and entertaining. Multiple living and dining areas create natural flow, while large windows invite in abundant natural light and showcase the surrounding greenery. A fireplace anchors the main living space, adding warmth and character. The generously sized lot offers endless potential-whether you envision a resort-style pool, outdoor kitchen, or simply enjoying the existing peaceful backyard retreat. Mature trees provide shade and privacy, creating a true escape from the city without sacrificing convenience.
Located within close proximity to Highland Park Elementary, Lamar Middle, and McCallum High School, this home also benefits from strong neighborhood appeal and long-term value A rare opportunity to own a substantial property in one of Austin's most established and desirable neighborhoods-ready for its next chapter.
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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 |
|---|---|---|---|
| May 16, 2026 | In contract | - | |
| In contract | |||
| May 7, 2026 | Price Decreased |
$1,150,000
↓ $100K
(8%) | |
| Price Decreased | |||
| Apr 20, 2026 | Listed by Compass RE Texas, LLC | $1,250,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017