8620 Alophia DR
About This Property
Inside, you'll find an inviting open-concept floor plan designed for both everyday living and entertaining. Wood-look tile flows throughout the main level, while a dramatic two-story limestone fireplace creates a stunning focal point in the living room. Generously sized bedrooms provide comfortable retreats for everyone.
Outside, the beautifully landscaped, level backyard offers the perfect setting for relaxing, playing, or entertaining. With more than $62,000 invested in recent mechanical and aesthetic improvements, this home offers the rare combination of beauty, comfort, and peace of mind. Simply move in and enjoy one of Southwest Austin's most sought-after neighborhoods.
IMPROVEMENTS: New HVAC (2022) * New Fence (2022) * New Wood-Look Tile Flooring in 1st Floor Common Areas & Primary Bedroom (2023) * New Interior Paint (2023) * Updated Half-Bath with New Light Fixture, New Mirror, New Vanity and Paint (2023) * New Water Heater (2025) * New Backyard Landscaping (2025) * First Floor Gutters (2025) * New Carpet on 2nd Floor (2026) * Updated Ceiling Fans & Light Fixtures (2026)
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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 |
|---|---|---|---|
| Sep 10, 2026 | In contract | - | |
| In contract | |||
| Aug 13, 2026 | Price Decreased |
$709,900
↓ $15K
(2.1%) | |
| Price Decreased | |||
| Jul 2, 2026 | Listed by KW-Austin Portfolio Real Estate | $725,000 | |
| Listed by KW-Austin Portfolio Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017