39
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6519 Fair Valley TRL
About This Property
Many of the larger updates have already been addressed, including updated windows, siding, exterior paint, and substantial improvements throughout the main level. Inside, the downstairs features smooth ceilings, recessed lighting, updated flooring and fixtures, and an inviting living room centered around a stone fireplace. The remodeled kitchen offers abundant cabinetry and counter space, stainless steel appliances, a gas cooktop, and plenty of room for everyday cooking and entertaining.
Upstairs you'll find all four bedrooms along with spaces that retain some of their original finishes, creating an opportunity to update over time to your own style. The home has been priced with these remaining updates in mind.
Outside is one of the property's standout features. A large covered patio and extended flagstone patio provide plenty of space to entertain or relax beneath mature oak trees. The backyard backs toward Williamson Creek and a greenbelt area, providing added privacy with no direct rear neighbor.
Located approximately 15 minutes from Downtown Austin and just minutes from nearby shopping, dining, and everyday conveniences. Home comes pre-inspected, giving buyers additional information about the property upfront.
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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 |
|---|---|---|---|
| Sep 18, 2026 | In contract | - | |
| In contract | |||
| Sep 4, 2026 | Listed by Keller Williams Realty | $499,900 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017