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802 Pressler ST
About This Property
From the moment you arrive through the gated entrance, the home feels like a private retreat above the city. Inside, wood floors flow throughout, complemented by sleek tile baths and top-of-the-line appliances designed for effortless living. An elevator connects each level, adding both convenience and sophistication, while thoughtful details like a second washer and dryer hookup in the primary closet reflect a focus on comfort and function.
Walls of windows frame sweeping downtown views, bringing the city skyline into daily life. Outdoors, the experience continues with an in-ground pool, outdoor patio, and fireplace, all surrounded by a perimeter fence for privacy-perfect for quiet evenings or lively gatherings under the Austin sky. Solar panels add efficiency without sacrificing style, blending modern living with forward-thinking design.
The location is simply unmatched. Step outside and enjoy a short walk to West 6th Street, the upcoming 6th & Blanco luxury development, and the flagship Whole Foods. Spend mornings on the Lady Bird Lake hike-and-bike trail, afternoons near Lake Austin, and evenings at iconic nearby spots like Josephine House, Jeffrey's, Clark's Oyster Bar, and Pemberton Heights cafes. Downtown, Zilker Park, and MoPac access are all just minutes away.
With its rare combination of walkability, views, privacy, and luxury amenities, this Clarksville residence offers a front-row seat to one of Austin's most desirable and dynamic neighborhoods-where timeless location meets modern living.
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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 |
|---|---|---|---|
| Jan 14, 2026 | In contract | - | |
| In contract | |||
| Jan 10, 2026 | Price Decreased |
$3,000,000
↓ $700K
(18.9%) | |
| Price Decreased | |||
| Jan 2, 2026 | Listed by Compass RE Texas, LLC | $3,700,000 | |
| Listed by Compass RE Texas, LLC | |||
| Jul 11, 2025 | No longer available | - | |
| No longer available | |||
| Jun 25, 2025 | Price Decreased |
$4,000,000
↓ $425K
(9.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017