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Map
8440 & 8470 N Madrone TRL
About This Property
Engineered building plans by Aubrey Homes, Inc. are available for 8440 N Madrone Trail upon request; buyer may use these plans or bring their own. Power is available to both lots through PEC, providing a valuable head start toward construction.
Lots are undeveloped and not yet cleared. Rainwater collection system (minimum 5,000-gallon tank) required for residential development. Septic needed. No gate or fencing-easy to walk; please text agent before accessing. Both lots are also listed individually.
Welcome to the quiet side of Austin-where the stars shine brighter, and the possibilities stretch as far as the horizon!
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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 |
|---|---|---|---|
| Jan 15, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Dec 3, 2025 | In contract | - | |
| In contract | |||
| Nov 15, 2025 | Price Increased |
$829,800
↑ $415K
(100%) | |
| Price Increased | |||
| Nov 15, 2025 | Price Decreased |
$414,900
↓ $465K
(52.8%) | |
| Price Decreased | |||
| Sep 9, 2025 | Price Increased |
$879,800
↑ $440K
(100%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017