1
Map
$330,000
●
House -
Off Market
715 King Edward PL
Austin, TX 78745
3 Beds
1 Bath,
1
Half Bath
1,370 Ft²
$2,301
Est. Monthly
5.72%
Cap Rate
About This Property
Step into this classic South Austin charmer, full of potential and
ready for your personal touch! With great bones, and a
well-designed floorplan, this home offers a spacious layout perfect
for relaxed living and entertaining. The bright sunroom off the
back opens to a large lot with an 8' privacy fence and a garden
shed for your outdoor projects. Located just 6 miles from downtown,
with access to public transportation, and within walking distance
to Armadillo Neighborhood Park and local restaurants, you'll be
sure to enjoy South Austin living. Whether you're ready to renovate
or move right in, this property is an incredible opportunity to
craft your dream home in a prime location. Recent improvements
include: vinyl plank flooring, interior paint, blinds and exterior
front door.
Unit Size
1,370 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$241
Property Type
House
Property Taxes
$680
HOA Dues
-
Year Built
1968
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (Unlock MLS #ACT1828633)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 22, 2025 | In contract | - | |
| In contract | |||
| Feb 2, 2025 | In contract | - | |
| In contract | |||
| Jan 31, 2025 | Listed by Compass RE Texas, LLC. | $349,000 | |
| Listed by Compass RE Texas, LLC. | |||
   | |||
|
Overflowing with charm, this South Austin gem sits on a generous 7,423 sq. ft. level lot and offers the perfect blend of character, location and long-term potential. Original architectural details meet fresh updates, including new flooring and interior paint, while the layout includes a sunroom off the back—a light-filled retreat ideal for a greenroom, artist’s nook or peaceful work-from-home spot. The backyard offers great privacy, a storage shed and room to expand or reimagine. Whether you're a first-time buyer who loves vintage style or an investor looking for a solid lot in a growing area, this property offers flexibility and upside. Some systems may be original and the home is priced with future updates in mind. Sold as-is, ready for its next chapter. Zoned SF-3. Walkable to public transit and just minutes to downtown. Recent improvements include a new roof (2025), fresh siding repairs (2025), a brand-new front door (2024), updated vinyl plank flooring (2024), and a full interior repaint (2024).
| |||
| Jan 2, 2025 | No longer available | - | |
| No longer available | |||
| Dec 14, 2024 | Price Decreased |
$330,000
↓ $20K
(5.7%) | |
| Price Decreased | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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ft²
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About Garrison Park
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Listed by: Rosie Ochoa
Listed Office: Compass RE Texas, LLC. - Listing courtesy of Unlock MLS
Phone: (214) 814-8100
Last Updated: 2026-05-31 05:36:29
Data Source: Unlock MLS, MLS# ACT1828633
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Compass RE Texas, LLC. - Listing courtesy of Unlock MLS
Phone: (214) 814-8100
Last Updated: 2026-05-31 05:36:29
Data Source: Unlock MLS, MLS# ACT1828633
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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