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8200 Wavertree CT
About This Property
tiny home ready to move into today. Skip the months-long wait for utility taps and permits that come with raw land -
this property lets you live on-site, generate rental income, or use it as your basecamp while you design and build your
dream home, all on one parcel. Tucked in South Austin's Manchaca Road corridor, you're minutes from Sprouts, Jo's
Coffee, the Alamo Drafthouse, and South 1st's food truck scene, with easy access to Slaughter Lane, Mopac, and I-35.
A flexible, build-ready property for buyers who want options traditional vacant land can't offer.
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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 |
|---|---|---|---|
| Sep 3, 2026 | Price Decreased |
$274,900
↓ $24K
(8.1%) | |
| Price Decreased | |||
| Aug 28, 2026 | Listed by Tiffany Russell Group | $299,000 | |
| Listed by Tiffany Russell Group | |||
| Aug 6, 2026 | Listed by Tiffany Russell Group | $299,000 | |
| Listed by Tiffany Russell Group | |||
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Rare South Austin opportunity: a 0.2-acre lot with water, sewer, and electric already connected, plus a livable 288 sq ft tiny home ready to move into today. Skip the months-long wait for utility taps and permits that come with raw land — this property lets you live on-site, generate rental income, or use it as your basecamp while you design and build your dream home, all on one parcel. Tucked in South Austin's Manchaca Road corridor, you're minutes from Sprouts, Jo's Coffee, the Alamo Drafthouse, and South 1st's food truck scene, with easy access to Slaughter Lane, Mopac, and I-35. A flexible, build-ready property for buyers who want options traditional vacant land can't offer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017