$500,000
●
House -
Off Market
7207 West Gate BLVD
Austin, TX 78745
4 Beds
2 Baths
1,476 Ft²
$3,120
Est. Monthly
5.00%
Cap Rate
About This Property
This spacious 4-bedroom off West William Cannon has been brought to
new life by MP Developers. A spacious and light-filled living room
flows seamlessly into a modernized kitchen with quartz countertops
and fresh shaker cabinetry, and the developer will happily finish
the kitchen out with your preferred hardware! Bright, durable LVP
flooring and large windows combine to make the living room feel
even more spacious.
You have four bedrooms including a spacious master bedroom with direct outdoor access. Open the slider to enjoy a cool morning or evening breeze! Fully remodeled bathrooms provide the modernized space you're looking for in the master suite and shared hall bath.
The living room/kitchen open up to a large concrete patio in the side yard that woule be perfect for setting up the BBQ, and sitting on over a sixth of an acre you actually have an impressive amount of space in the back yard!
This location is prime- you're five minutes from HEB and West William Cannon gives you great access to I-35 and south Austin. You even have the Stephenson Nature Preserve just a stone's throw away across the street!
You have four bedrooms including a spacious master bedroom with direct outdoor access. Open the slider to enjoy a cool morning or evening breeze! Fully remodeled bathrooms provide the modernized space you're looking for in the master suite and shared hall bath.
The living room/kitchen open up to a large concrete patio in the side yard that woule be perfect for setting up the BBQ, and sitting on over a sixth of an acre you actually have an impressive amount of space in the back yard!
This location is prime- you're five minutes from HEB and West William Cannon gives you great access to I-35 and south Austin. You even have the Stephenson Nature Preserve just a stone's throw away across the street!
Unit Size
1,476 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$339
Property Type
House
Property Taxes
$665
HOA Dues
-
Year Built
1975
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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: 3 years ago (Unlock MLS #ACT4347297)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 8, 2024 | In contract | - | |
| In contract | |||
| Feb 12, 2024 | Price Decreased |
$500,000
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Nov 17, 2023 | Listed by Keller Williams Realty | $515,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Cherry Creek
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Listed by: Nate Clark
Listed Office: Keller Williams Realty - Listing courtesy of Unlock MLS
Phone: (512) 448-4111
Last Updated: 2024-03-27 18:21:34
Data Source: Unlock MLS, MLS# ACT4347297
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Keller Williams Realty - Listing courtesy of Unlock MLS
Phone: (512) 448-4111
Last Updated: 2024-03-27 18:21:34
Data Source: Unlock MLS, MLS# ACT4347297
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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