$450,000
●
House -
Off Market
7913 Springfield DR
Austin, TX 78744
3 Beds
2 Baths
1,792 Ft²
$3,020
Est. Monthly
$38
HOA / Fees
6.03%
Cap Rate
About This Property
Walk into this meticulously taken care of single story home.
The long foyer leads you into the living that opens up into
the kitchen and dining area so you can enjoy fires on crisper days.
The primary bedroom is separate from the other rooms and has
a bathroom with a luxurious walk-in shower and closet.
Situated in a newer neighborhood in East Austin, the location
is close to Southpark Meadows and everything South Austin has to
offer.
Unit Size
1,792 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$251
Property Type
House
Property Taxes
$772
HOA Dues
$38
Year Built
-
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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 #ACT1740043)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 1, 2024 | Listed by Realty One Group Prosper | $450,000 | |
| Listed by Realty One Group Prosper | |||
| Aug 26, 2022 | No longer available | - | |
| No longer available | |||
| Jul 20, 2022 | Price Decreased |
$450,000
↓ $40K
(8.2%) | |
| Price Decreased | |||
| Jun 24, 2022 | Price Decreased |
$490,000
↓ $20K
(3.9%) | |
| Price Decreased | |||
| Jun 11, 2022 | Listed by Keller Williams - Austin NW | $510,000 | |
| Listed by Keller Williams - Austin NW | |||
| | |||
|
Great Opportunity!! This beautiful home is ideally located ~ Minutes from McKinney Falls State Park ~ A short drive to Austin-Bergstrom Airport ~ next door to Easton Park and all the development coming to the area ~ Great Condition and Very Clean ~ Open Floor Plan great for entertaining ~ Enjoy evenings sitting in the Covered Patio ~ Private Master Room at the Back of the HouseThis house qualifies for up to $17,500 in grants for people making less than $80,172.00 annually - call listing agent for details. The manager has listed the unit size as 1792 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
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About Austin
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Listed by: Amanda Rickman
Listed Office: Realty One Group Prosper - Listing courtesy of Unlock MLS
Phone: (512) 523-5663
Last Updated: 2024-03-11 05:45:48
Data Source: Unlock MLS, MLS# ACT1740043
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Realty One Group Prosper - Listing courtesy of Unlock MLS
Phone: (512) 523-5663
Last Updated: 2024-03-11 05:45:48
Data Source: Unlock MLS, MLS# ACT1740043
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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