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8700 Wiley WAY
About This Property
Recent updates include new luxury vinyl plank flooring throughout the first floor, new carpet on the stairs, upstairs hallway, and two bedrooms, plus fresh interior paint completed December 2025. Major systems are already handled with a new $19,000 HVAC system, tankless water heater, solar panels that help reduce monthly energy costs, and a whole-home water softener.
Enjoy a covered and screened in patio with ceiling fans overlooking the pond, perfect for year round outdoor living. Community amenities include a pool, park, and playground, with walkability to local schools and quick access to Onion Creek Metro Park. Minutes to Easton Park, Goodnight Ranch, and Southpark Meadows, with downtown Austin, Tesla, and the airport approximately 15 minutes away.
**Solar Panels are Negotiable, ask agent**
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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 |
|---|---|---|---|
| Feb 26, 2026 | In contract | - | |
| In contract | |||
| Feb 8, 2026 | Relisted | $315,000 | |
| Relisted | |||
| Jan 21, 2026 | In contract | - | |
| In contract | |||
| Jan 13, 2026 | Listed by Keller Williams Realty | $300,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017