811 E 45th ST
About This Property
Both bathrooms are renovated, one with a premium Japanese bidet toilet, and the attached garage houses a custom sauna retreat with an Auroom Baia glass sauna and HUUM heater. Outside, enjoy a new deck with built-in firepit table, new privacy fencing with two gates, a dedicated parking pad and alley-access apron, and a completely reworked yard with bamboo removed and fresh sod and soil throughout. Big Chill oven and refrigerator included.
The 10,237 SF lot, well above the norm for this part of Central Austin, offers real upside for the next owner: room for a substantial addition, second story, ADU for rental income, or full redevelopment, subject to buyer's own due diligence on zoning and feasibility. Buyers also have the freedom to make the home their own with future cosmetic remodeling, all on a foundation that's already been fully addressed.
Located in the historic Hancock pocket just south of Hyde Park, this home offers the same tree-lined, walkable charm the area is known for. UT Austin is roughly a mile away, downtown under three miles, and the shops and restaurants of Hyde Park, North Loop, the Triangle, and Central Market are all minutes away, with easy access to the Domain and Q2 Stadium for Austin FC matches.
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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 15, 2026 | In contract | - | |
| In contract | |||
| Aug 5, 2026 | Listed by Realty of America, LLC | $900,000 | |
| Listed by Realty of America, LLC | |||
| Dec 7, 2025 | In contract | - | |
| In contract | |||
| Nov 23, 2025 | Price Decreased |
$774,000
↓ $25K
(3.1%) | |
| Price Decreased | |||
| Oct 28, 2025 | Price Decreased |
$799,000
↓ $500
(0.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017