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8207 Espanola TRL
About This Property
Tucked on a quiet corner in one of Southwest Austin's most beloved neighborhoods, this property offers something increasingly rare: space, nature, and genuine community. Wildlife roams freely, lots are generously sized, and neighbors actually know each other. The corner garden along the street makes every morning outside a chance to connect with someone passing by.
Inside, a vaulted living room ceiling and oversized windows create a naturally light-filled home. The expansive kitchen features white cabinetry, granite countertops, a gas range with stainless hood, open shelving, and a large pass-through that connects seamlessly to the sunroom - perfect for entertaining. The sunroom serves as a family gathering and dining area with its own ductless HVAC unit. Four bedrooms, a home office or 5th bedroom, and a third living area with ceiling-mounted projector and retractable screen give everyone room to work, learn, and unwind. The home has been cleaned exclusively with natural, fragrance-free products for eight years.
The backyard is a lifestyle of its own. A 30'×30' chemical-free garden with four planted rows is fed by a natural swale. A chicken coop houses 15 hens producing up to 12 eggs daily (chickens can convey), alongside a butterfly garden, compost system, fire pit, and a treehouse with zip line and swing.
The detached three-car garage includes walk-up attic storage and a self-contained one-bedroom apartment - ideal as a short-term rental, guest suite, or multi-generational space, with its own fenced yard.
This is a property designed for people who want more from where they live.
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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 |
|---|---|---|---|
| Mar 31, 2026 | In contract | - | |
| In contract | |||
| Mar 17, 2026 | Listed by Coldwell Banker Realty | $825,000 | |
| Listed by Coldwell Banker Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017