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7803 Seminary Ridge DR
About This Property
Set in one of South Austin's most livable pockets, the home is close to everything yet tucked into a quiet, walkable community. Just up the street, you'll find trail access to Stephenson Nature Preserve and lively Longview Neighborhood Park, and Ellen Higgins Pocket Park. Generous front and backyards shaded by mature trees make outdoor living just as enjoyable as the inside. Entertainment abounds nearby with popular venues like Bodhi's Hideaway, Moontower Saloon and Armadillo Den.
This complete smart home system includes $15,000 in custom window shades, smart appliances, and integrated lighting for easy living. The kitchen is a centerpiece, featuring quartz waterfall counters, a quartz sink upgrade, floating oak shelves, and stainless appliances.
Custom steel front steps, an updated roof, and a charming coat nook in the living area add unique character.
The vaulted primary suite offers a spa-like bath with a walk-in shower and pedestal soaking tub. Two outdoor decks and a welcoming front porch-swing chairs included-extend the living space for dining or relaxing. With sidewalks shaded by mature trees, it's a neighborhood designed for everyday walks and connection.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 25, 2025 | In contract | - | |
| In contract | |||
| Oct 3, 2025 | Price Decreased |
$599,900
↓ $15K
(2.4%) | |
| Price Decreased | |||
| Sep 4, 2025 | Listed by Moreland Properties | $614,900 | |
| Listed by Moreland Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017