23
Map
7117 Scenic Brook DR
About This Property
The property has undergone extensive recent renovations, including new tile flooring, fresh interior paint, updated electrical outlets and switches, and new ceiling fans. The kitchen features a newer sink and countertops, as well as a new oven, microwave, and dishwasher. Additionally, both bathrooms have been fully refreshed with new bathtubs, tile surrounds, vanities, faucets, and fixtures. Major system improvements include a new HVAC compressor.
The exterior offers a large fenced backyard perfect for entertaining, along a spring-fed creek where children can enjoy finding minnows and crawdads.
Conveniently located near Oak Hill, the home provides easy access to local shopping, dining, and parks. With the nearby highway improvements nearing completion, residents will benefit from enhanced connectivity and a faster commute to Downtown Austin.
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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 |
|---|---|---|---|
| Jul 16, 2026 | In contract | - | |
| In contract | |||
| Jun 25, 2026 | Listed by Landmasters Real Estate | $520,000 | |
| Listed by Landmasters Real Estate | |||
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Listed Office: Landmasters Real Estate - Listing courtesy of Unlock MLS
Phone: (325) 388-4531
Last Updated: 2026-08-23 04:01:34
Data Source: Unlock MLS, MLS# ACT1517587
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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