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6112 Larch TER
About This Property
The park is also home to the newly renovated multimillion-dollar Montopolis Pool and playground, along with the striking, contemporary Montopolis Recreation and Community Center. The center received ULI Austin's Best Public Place Impact Award and additional recognition for its architecture and sustainable design.
It's also an easy bike ride to Bird Bluff Trail, Roy G. Guerrero Park and the Wishbone Bridge along Lady Bird Lake, with convenient access to the river trail system and downtown.
Minutes from downtown Austin, UT Austin, Austin-Bergstrom International Airport, Tesla, Oracle and other major employers.
The current tenant is month-to-month, providing immediate rental income while redevelopment plans are being completed.
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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 |
|---|---|---|---|
| Aug 20, 2026 | Price Decreased |
$199,000
↓ $16K
(7.4%) | |
| Price Decreased | |||
| Jul 31, 2026 | Price Decreased |
$215,000
↓ $10K
(4.4%) | |
| Price Decreased | |||
| Jun 25, 2026 | Listed by Pure Realty | $225,000 | |
| Listed by Pure Realty | |||
| Aug 11, 2023 | No longer available | - | |
| No longer available | |||
| Feb 26, 2023 | Price Decreased |
$359,000
↓ $26K
(6.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017