8402 Alabama DR
About This Property
Located just down the street from Great Oaks Park and playground and close to Longview Park and Ellen Higgins Pocket Park. Just off Seminary Ridge, one of South Austin's favorite walking streets known for its wide rolling hills and shaded sidewalks. Enjoy easy access to local favorites including El Alma, Juiceland, Central Market, Radio Coffee & Beer, Bodhi's Hideaway and many of South Austin's popular restaurants and local spots.
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jul 15, 2026 | In contract | - | |
| In contract | |||
| May 29, 2026 | Price Decreased |
$574,000
↓ $25K
(4.2%) | |
| Price Decreased | |||
| Apr 9, 2026 | Price Decreased |
$599,000
↓ $46K
(7.1%) | |
| Price Decreased | |||
| Mar 13, 2026 | Listed by Moreland Properties | $645,000 | |
| Listed by Moreland Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017