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6848 La Concha PASS
About This Property
The light-filled, open-concept layout features a gourmet kitchen outfitted with luxury GE Cafe appliances, granite countertops, open shelving, a custom breakfast table, and a hidden wet bar built into the living room. Thoughtful custom cabinetry and built-ins throughout, including the living room, office, laundry room, and primary suite, provide exceptional storage in every space.
The primary suite serves as a true sanctuary with double vanities, a dual-head walk-in shower, and a spacious closet, while two additional bedrooms share a beautifully tiled guest bath. Upgraded Restoration Hardware lighting and mirrors, along with integrated smart home accessories, including automated garage doors, exterior lighting, appliances, and sauna heater, elevate the home's interior aesthetic and modern convenience.Step outside to your private outdoor oasis featuring an oversized patio, low-maintenance professionally landscaped turfed yard with decorative rock accents, and a custom backyard dry sauna (2026) for a daily wellness retreat. Key mechanical and structural updates, including a newer roof, water heater, PEX piping, and custom iron doors, deliver complete peace of mind. Located just 20 minutes from Downtown Austin, SoCo, Bee Cave, and Dripping Springs, with easy access to neighborhood parks, pools, shopping, and dining, this turn-key home is truly one-of-a-kind.
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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 |
|---|---|---|---|
| Oct 24, 2026 | In contract | - | |
| In contract | |||
| Oct 15, 2026 | Listed by Keller Williams Realty | $650,000 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017