7005 Miranda DR
About This Property
Feeding to the highly rated McCallum High School Fine Arts Academy, this home is just 5 miles from Downtown Austin and the UT Campus, 5 miles from The Domain and Q2 Soccer Stadium, and only 3 miles from the vibrant Mueller district. With the Highland Community and light rail less than a mile away, plus the nearby Crestview Station, convenience is at your doorstep.
Whether you're a homeowner seeking a prime central Austin location or an investor interested in a lot with potential for up to three structures under new zoning rules (SF3), this property is an outstanding opportunity at a great price. Buyer to purchase survey. SOLD AS IS.
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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 16, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Listed by Kuper Sotheby's Int'l Realty | $400,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
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About Brentwood - Highland
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Listed Office: Kuper Sotheby's Int'l Realty - Listing courtesy of Unlock MLS
Phone: (512) 345-2100
Last Updated: 2024-10-08 06:07:49
Data Source: Unlock MLS, MLS# ACT9467264
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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