An attractive property awaits at 7609 Paruline Drive in Austin, TX,
presenting an opportunity for refined living within a residential
area. This single-family residence, constructed in 2021, is
presented in great condition. The heart of the home, the kitchen,
serves as a central gathering space, boasting elegant countertops
and a stylish backsplash. Culinary endeavors are enhanced by a
convenient stovetop and sophisticated shaker cabinets, while a
large kitchen island and an inviting kitchen bar offer ample room
for entertainment and casual dining. The expansive living room,
characterized by its distinctive tray ceiling, creates an
atmosphere of spaciousness and comfort, seamlessly integrating with
the open floor plan for effortless enjoyment. The primary bedrooms
presents an elevated design with a graceful tray ceiling and an
accompanying ensuite bathroom. This private bathroom provides a
refreshing walk-in shower and a soothing garden tub, crafting a
personal haven. Every bedroom offers generous space for personal
comfort and the convenience of a closet ensures organized living.
Beyond the interior, the property extends its appeal with a
welcoming porch and a private patio, providing inviting outdoor
spaces for relaxation. A fenced backyard offers a secure and serene
environment. Practical conveniences include a dedicated laundry
room, three full bathrooms, and a two-space garage. This
captivating single-family residence offers a harmonious blend of
sophisticated design, comfort, and practical amenities, ready to
become the backdrop for a truly exceptional life.
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.
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