40
Map
$339,000
●
House -
Off Market
608 Shep ST
Austin, TX 78748
3 Beds
2 Baths,
1
Half Bath
1,402 Ft²
$1,845
Est. Monthly
$21
HOA / Fees
About This Property
Welcome home to this beautifully maintained 3 bedroom, 2.5 bath
home located on a quiet cul-de-sac in the heart of South Austin and
ideal for first-time homebuyers. This move-in ready home features a
bright, open floor plan with high ceilings and a functional layout
offering comfort and flexibility. Fresh interior and exterior paint
along with new carpet on the stairs and upper level provide a
clean, updated feel. The fully fenced backyard includes a cozy
sitting area, perfect for outdoor entertaining or relaxing.
Conveniently located minutes from Southpark Meadows with easy
access to restaurants, shopping, entertainment, and a top H-E-B.
Commuters will appreciate the short 10 mile drive to
Austin-Bergstrom International Airport and 15 miles Tesla HQ.
Residents of Park Ridge enjoy a private neighborhood park and
well-maintained sidewalks ideal for walking or jogging. This home
offers an excellent combination of location, value, and livability
in a well-established South Austin community.
Unit Size
1,402 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$242
Property Type
House
Property Taxes
$159
HOA Dues
$21
Year Built
1997
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 6 months ago (Unlock MLS #ACT8620967)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 20, 2026 | In contract | - | |
| In contract | |||
| Feb 12, 2026 | Listed by Spyglass Realty | $339,000 | |
| Listed by Spyglass Realty | |||
| Nov 1, 2025 | No longer available | - | |
| No longer available | |||
| Oct 11, 2025 | Price Decreased |
$349,900
↓ $50K
(12.4%) | |
| Price Decreased | |||
| Jul 24, 2025 | Listed by Spyglass Realty | $399,500 | |
| Listed by Spyglass Realty | |||
   | |||
|
Welcome to this beautifully maintained 3-bedroom, 2.5-bath home nestled in a peaceful cul-de-sac in the heart of South Austin. Featuring a bright and open floor plan with soaring ceilings, this move-in ready home offers a functional layout with ample potential to personalize. Fresh interior and exterior paint, along with brand-new carpet on the stairs and upper level, add a crisp, modern touch. Enjoy the outdoors in the fully fenced backyard, complete with a charming sitting area—perfect for BBQs and relaxing evenings. Located just minutes from Southpark Meadows, you'll have easy access to some of Austin’s favorite restaurants, bars, shops, and one of the city’s top H-E-Bs. Commuters will appreciate the short 15-minute drive to the airport or Tesla HQ. Park Ridge residents also enjoy a private neighborhood park and well-maintained sidewalks ideal for morning jogs or strolls with your furry friend. Don’t miss this rare opportunity to own a home that offers the perfect blend of comfort, convenience, and value in a well-established community.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Park Ridge
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Sean Tipps
Listed Office: Spyglass Realty - Listing courtesy of Unlock MLS
Phone: (512) 759-0889
Last Updated: 2026-05-31 11:10:07
Data Source: Unlock MLS, MLS# ACT8620967
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Spyglass Realty - Listing courtesy of Unlock MLS
Phone: (512) 759-0889
Last Updated: 2026-05-31 11:10:07
Data Source: Unlock MLS, MLS# ACT8620967
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017