5
Map
$99,000
●
House -
In Contract
6408 Porter ST
Austin, TX 78741
Studio
0 Bath
1,000 Ft²
$869
Est. Monthly
About This Property
Deadline for offers: Tues 5/26 at 10:00 AM. Existing structure is a
teardown and currently boarded up - do not enter. Feel free to walk
the lot and do your due diligence. Exceptional redevelopment
opportunity in the rapidly transforming Montopolis area of East
Austin. Surrounded by new construction and. extensively
renovated homes, this spacious lot presents strong potential for
investors, builders, and buyers looking. to capitalize on one of
Austin's fastest-growing neighborhoods. Prime location with
convenient access to Downtown, AUS Airport, Tesla Gigafactory,
US-183, and Hwy 71. Enjoy close proximity to local dining, coffee
shops, parks, trails, and outdoor recreation along the Colorado
River.
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$99
Property Type
House
Property Taxes
$382
HOA Dues
-
Year Built
1942
Listed By
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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: 4 months ago (Unlock MLS #ACT3043517)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 3, 2026 | In contract | - | |
| In contract | |||
| May 12, 2026 | Listed by Keller Williams Realty | $99,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Parking Details
Parking Features: None
Interior Details
Interior Features: None
Appliances: None
Flooring Type: See Remarks
Exterior Details
Square Footage: 1000
Square Footage Source: $0
Green Sustainability
Property Condition: Tear Down
Year Built Source: Public Records
Year Built: 1942
Waterfront Features: None
Levels: One
Other Structures: None
Window Features: None
Construction Materials: See Remarks
Patio and Porch Features: None
Pool Features: None
Lot Features: City Lot, Interior Lot, Level, Wooded, Public Maintained Road
Lot Size Area: 6398.96
Lot Size Units: Square Feet
Lot Size Acres: 0.1469
Lot Size Square Feet: 6398.96
Water Source: Public
Financial Details
Tax Map Number: 11
Tax Assessed Value: $224,197
Tax Annual Amount: $4,588
Utilities Details
Cooling Type: None
Heating Type: None
Sewer : Public Sewer
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 Montropolis
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Listed by: Gregory Tran
Listed Office: Keller Williams Realty - Listing courtesy of Unlock MLS
Phone: (512) 448-4111
Last Updated: 2026-06-03 04:03:52
Data Source: Unlock MLS, MLS# ACT3043517
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Keller Williams Realty - Listing courtesy of Unlock MLS
Phone: (512) 448-4111
Last Updated: 2026-06-03 04:03:52
Data Source: Unlock MLS, MLS# ACT3043517
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.
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