$825,000
●
House -
Off Market
809 Park BLVD
Austin, TX 78751
4 Beds
1 Bath,
1
Half Bath
1,920 Ft²
$5,431
Est. Monthly
2.20%
Cap Rate
About This Property
Excellent restoration opportunity. Stately Colonial Revival style
home from the 1930s, first time on the market in 70 years, ready
for its next owners to breathe new life and love. Original oak
floors throughout the first floor and 2nd floor. The ground floor
includes formal dining and formal living with a wood-burning
fireplace, sunroom, half bath, kitchen, and garage access. Longleaf
wood floors are under the kitchen linoleum, and shiplap walls are
under the wallpaper throughout the home. The upstairs includes 4
bedrooms and 1 shared hall bath. The attached ground-floor garage
allows for easy access to the 2nd-floor plumbing for the addition
of a 2nd-story owners' suite. Massive .28 acre lot provides privacy
as well as opportunity for expansion. Large attic accessible via
walk-up stairs from the 2nd floor. Backs to the Commodore Perry
Estate with views of the property from 2nd story patio. Close to
the University of Texas. Zoned for Lee Elementary. Opportunity
awaits!
Unit Size
1,920 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$430
Property Type
House
Property Taxes
$1,379
HOA Dues
-
Year Built
1938
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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: 2 years ago (Unlock MLS #ACT8310177)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 17, 2025 | No longer available | - | |
| No longer available | |||
| Mar 17, 2025 | Listed by Compass RE Texas, LLC | $825,000 | |
| Listed by Compass RE Texas, LLC | |||
| Jan 9, 2025 | Price Decreased |
$825,000
↓ $70K
(7.8%) | |
| Price Decreased | |||
| Sep 18, 2024 | Listed by Compass RE Texas, LLC | $895,000 | |
| Listed by Compass RE Texas, LLC | |||
   | |||
|
Excellent restoration opportunity. Stately Colonial Revival style home from the 1930s, first time on the market in 70 years, ready for its next owners to breathe new life and love. Original oak floors throughout the first floor and 2nd floor. The ground floor includes formal dining and formal living with a wood-burning fireplace, sunroom, half bath, kitchen, and garage access. Longleaf wood floors are under the kitchen linoleum, and shiplap walls are under the wallpaper throughout the home. The upstairs includes 4 bedrooms and 1 shared hall bath. The attached ground-floor garage allows for easy access to the 2nd-floor plumbing for the addition of a 2nd-story owners' suite. Massive .28 acre lot provides privacy as well as opportunity for expansion. Large attic accessible via walk-up stairs from the 2nd floor. Backs to the Commodore Perry Estate with views of the property from 2nd story patio. Close to the University of Texas. Zoned for Lee Elementary. Opportunity awaits!
| |||
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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About Central Austin
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Listed by: Tammy Young
Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2025-06-17 04:47:24
Data Source: Unlock MLS, MLS# ACT8310177
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2025-06-17 04:47:24
Data Source: Unlock MLS, MLS# ACT8310177
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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