$450,000
●
House -
Off Market
8407 Maine DR
Austin, TX 78758
4 Beds
2 Baths
1,374 Ft²
$2,878
Est. Monthly
6.62%
Cap Rate
About This Property
Don't miss this exceptional opportunity to make this home your own
and embrace the distinctive charm and convenience of living in this
coveted Austin locale.This property, originally built in 1968, has
been fully renovated down to the studs, ensuring that every aspect
of the home meets contemporary standards.This is not the typical
"lipstick on a pig" rehab you see in Austin from flippers. The
extensive upgrades encompass everything from electrical systems,
plumbing, HVAC, to windows, doors, and even the roof. The house has
also been re-insulated, providing a comfortable and
energy-efficient living space. Designed with low-maintenance
landscaping and includes an irrigation system.
The updated kitchen showcases stylish finishes and modern amenities, while the beautifully remodeled baths present a touch of luxury and comfort. Warm color Vinyl floors add an elegant touch throughout, creating a seamless flow from room to room.
Step outside to the expansive patio, offering a tranquil and inviting space for outdoor relaxation, alfresco dining, and social gatherings. Whether you're enjoying a peaceful morning coffee or hosting a lively barbecue, the spacious patio is a versatile extension of the home's living space.
it's a fully upgraded, move-in-ready sanctuary designed for who appreciate quality, style, and convenience.
This remarkable property is situated in less than 4 miles from The Domain, a mere 7.5 miles from the bustling Downtown Austin , and 13 miles from the airport, making it an ideal spot for professionals, the vibrant heart of north central Austin, perfectly positioned to enjoy the city's eclectic dining, entertainment, and culture.
The updated kitchen showcases stylish finishes and modern amenities, while the beautifully remodeled baths present a touch of luxury and comfort. Warm color Vinyl floors add an elegant touch throughout, creating a seamless flow from room to room.
Step outside to the expansive patio, offering a tranquil and inviting space for outdoor relaxation, alfresco dining, and social gatherings. Whether you're enjoying a peaceful morning coffee or hosting a lively barbecue, the spacious patio is a versatile extension of the home's living space.
it's a fully upgraded, move-in-ready sanctuary designed for who appreciate quality, style, and convenience.
This remarkable property is situated in less than 4 miles from The Domain, a mere 7.5 miles from the bustling Downtown Austin , and 13 miles from the airport, making it an ideal spot for professionals, the vibrant heart of north central Austin, perfectly positioned to enjoy the city's eclectic dining, entertainment, and culture.
Unit Size
1,374 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$328
Property Type
House
Property Taxes
$668
HOA Dues
-
Year Built
1968
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 3 years ago (Unlock MLS #ACT5467130)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 21, 2024 | In contract | - | |
| In contract | |||
| Jun 19, 2024 | Price Decreased |
$450,000
↓ $48K
(9.6%) | |
| Price Decreased | |||
| Jun 9, 2024 | Price Decreased |
$498,000
↓ $27K
(5.1%) | |
| Price Decreased | |||
| May 14, 2024 | Price Decreased |
$525,000
↓ $25K
(4.6%) | |
| Price Decreased | |||
| May 1, 2024 | Listed by MRG Realty Advisors, LLC | $550,000 | |
| Listed by MRG Realty Advisors, LLC | |||
Show More
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About North Austin
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Sally Han
Listed Office: MRG Realty Advisors, LLC - Listing courtesy of Unlock MLS
Phone: (214) 701-7411
Last Updated: 2024-07-19 18:40:33
Data Source: Unlock MLS, MLS# ACT5467130
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: MRG Realty Advisors, LLC - Listing courtesy of Unlock MLS
Phone: (214) 701-7411
Last Updated: 2024-07-19 18:40:33
Data Source: Unlock MLS, MLS# ACT5467130
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.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017