6905 Midlothian DR
About This Property
back with steps down to a unique, manicured, and landscaped yard with trees and an arbor with a bench, creating a welcoming space to relax. Very inviting home with lots of windows. All appliances, including washer, dryer, and refrigerator, convey. Low utility bills due to solar panels. Convenient location within 10 miles of downtown Austin, Tesla, Amazon, and Qualcomm. Low electric bills under $100 per month.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 4, 2025 | In contract | - | |
| In contract | |||
| Oct 29, 2025 | Listed by Copus Real Estate Group LLC | $399,000 | |
| Listed by Copus Real Estate Group LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017