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Map
7202 Meadowood DR
About This Property
Step inside to discover an industrial-modern design with an open floor plan that flows seamlessly with concrete flooring on main level. Large glass doors connect the living spaces to the front and backyard, filling the home with natural light. The main level features a spacious living room anchored by a cozy wood-burning fireplace, a dining area, and a fully remodeled kitchen designed for everyday living and entertaining. Enjoy upgraded stainless steel appliances, quartz countertops, island seating, and a built-in bar with a wine refrigerator. A stylish guest bath with designer wallpaper and a convenient laundry room complete the first floor.
Upstairs the primary suite offers high vaulted ceilings, warm wood flooring, a walk-in closet, and an updated ensuite bath featuring dual sink and shower with earth-tone tile. Two secondary bedrooms feature tray ceilings, while the third offers vaulted ceiling, a reading nook, and a walk-in closet. The upstairs guest bath also earth-tone tile.
Outside, the terraced backyard is truly special. A large Trex deck features a custom steel-and-cedar pergola and built-in steel planters, while a second deck tucked among the trees creates a private sanctuary for relaxing or entertaining. The detached casita provides flexible space for a home office, studio, or fitness room. HVAC & Sprinklers installed in 2024 add long term value. Energy-efficient upgrades include fully paid-off solar panels and two Tesla Powerwall backup batteries installed in 2022.
Ideally located near Mueller, downtown Austin, H-E-B, shopping, dining, and entertainment, this home is also just half a mile from Dottie Jordan Park and Pool and a short bike ride to the Little Walnut Creek Greenbelt trails.
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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 24, 2026 | In contract | - | |
| In contract | |||
| Jul 15, 2026 | Price Decreased |
$899,900
↓ $50K
(5.3%) | |
| Price Decreased | |||
| Jun 12, 2026 | Listed by Sprout Realty | $949,900 | |
| Listed by Sprout Realty | |||
| Sep 15, 2023 | No longer available | - | |
| No longer available | |||
| Aug 7, 2023 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017