8501 Dempsey LN
About This Property
Step into the high-ceilinged living room, where natural light pours in, creating a golden glow in the afternoons. The spacious kitchen is a dream for home chefs, featuring a large island perfect for meal prep and casual dining-plus enough room for two to cook side by side with ease. Relax in front of the gas fireplace in the family room or retreat to your spacious primary bedroom with a vaulted ceiling, walk-in closet, room for sitting chairs, and an ensuite with a walk-in shower that features a stylish half glass door and a lower knob/handheld sprayer perfect for giving dog washing!
Notable updates offer peace of mind: Roof (2019), HVAC system/ductwork (2020), Updated toilets (2020/2023), Kitchen hardware & bathroom sinks upgraded (2023), new dishwasher and new hot water heater (2024).
Nestled in a peaceful community surrounded by mature live oaks, this home offers both privacy and charm at a low tax rate (under 2%). The backyard features a large porch, and backs onto a non-active farm, ensuring a tranquil setting with no direct rear neighbors. While the neighborhood is quiet, it's also vibrant, with kids often playing together in the shade of the trees and you are only a 12-minute walk to Dittmar Neighborhood Park with trails, green spaces, and community events. Shopping and evenings out are a breeze with a five-minute drive to Southpark Meadows, easy access to Mopac and IH-35 and a 15-20 minute commute to Downtown Austin.
Come see why 8501 Dempsey Lane is the perfect place to settle in South Austin. Schedule a showing today!
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 |
|---|---|---|---|
| Apr 3, 2025 | In contract | - | |
| In contract | |||
| Mar 28, 2025 | Listed by Compass RE Texas, LLC | $400,000 | |
| Listed by Compass RE Texas, LLC | |||
| Aug 9, 2019 | No longer available | - | |
| No longer available | |||
| Jun 6, 2019 | Listed by Keller Williams - Austin SW | $329,900 | |
| Listed by Keller Williams - Austin SW | |||
| | |||
|
NEW ROOF! Beautiful 1 story home w open floor plan. Backs to farmland, extra privacy and view. Newly remodeled kitchen w granite countertops and glass subway tile back splash, oversized island; plenty of storage. Remodeled bathrooms w walk-in shower in master & new tile tub shower combo in guest. Fresh paint int.&ext. Pet washing station, 2 car garage & key-less entry. New sod & new fence . Great south Austin location w/ easy access to major roadways, shopping, dining, and recreation. The manager has listed the unit size as 1649 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017