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6401 Menchaca RD
About This Property
The property is surrounded by commercial and institutional uses, including United Heritage Credit Union across Menchaca Road, Articulture to the south, and JM Engravers and Headwaters School directly to the north. CapMetro bus stops are located approximately 210 feet from the property, including a stop directly across Menchaca Road to the north. Route 3 serves the immediate intersection, with additional nearby connections to additional routes.
Currently zoned SF-3, the property is located within the South Austin Combined Neighborhood Plan and designated as a "Neighborhood Node." The plan describes Neighborhood Nodes as walkable destinations intended to accommodate neighborhood-serving businesses, restaurants, shops, offices and multifamily housing. Commercial or mixed-use redevelopment may therefore be possible, subject to rezoning and all required City of Austin approvals. Buyers should independently verify zoning, permitted uses, development standards, utilities and redevelopment feasibility.
Strategically positioned between Stassney Lane and William Cannon Drive, the property is approximately 1.8 miles from Ben White Boulevard/US 290, providing convenient access to major employment, retail and residential areas throughout Austin.
Existing improvements include a 1831 sf single-family residence, detached 611 sf two-car garage, 641 sf separate workshop, two storage buildings and an additional shed, offering flexibility for continued residential use, owner occupancy, investment or longer-term redevelopment. Additional adjacent land may also be available. Contact the listing agent for details.
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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 |
|---|---|---|---|
| Jul 24, 2026 | Listed by Keller Williams - Lake Travis | $1,150,000 | |
| Listed by Keller Williams - Lake Travis | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017