8701 Escarpment BLVD #61
About This Property
Welcome home as you enter into a lush gardener's courtyard filled with well-tended flowerbeds, hanging vines, shady oak trees and two lovely patio seating areas. Inside you will find high ceilings and an open-concept living/dining/kitchen - great for entertaining! The updated kitchen is poised for culinary creativity with new granite counters, dual-fuel range and walk-in pantry. The primary suite has a walk-in closet and en suite bathroom featuring a recently re-tiled spacious shower w/frameless glass surround, separate jetted walk-in tub, and double vanity. The huge second bedroom has amazing natural light from multiple windows and could be used as a home office or gracious guest bedroom. For added convenience, there's an attached two car garage with storage and washer and dryer hookup off the kitchen. Plus, enjoy the peace of mind that comes with living in a small gated enclave surrounded by greenbelt and a lovely private community pool.
Situated in a prime location in Southwest Austin, this residence offers seamless access to all the vibrant attractions Austin has to offer. From dining and entertainment to outdoor adventures. Ideal for kids or grandkids via a short walk to Dick Nichols District park with lap pool, playground/playscape, basketball, volleyball & tennis courts. Convenient access to shopping/grocery, Loop 1 (Mopac), Downtown, Airport, Hwy 290 and Hwy 71 - making travel a breeze for its future residents.
Don't miss the chance to make this exceptional property yours. Arrange a showing today at 8701 Escarpment Boulevard, Unit 61, and unlock the potential of refined Austin living.
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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 |
|---|---|---|---|
| May 2, 2024 | In contract | - | |
| In contract | |||
| Apr 20, 2024 | Listed by Compass RE Texas, LLC | $425,000 | |
| Listed by Compass RE Texas, LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/04/2025
|
3 Bed
|
2 Bath
|
2037 ft²
|
$440,000
3 Bed
2 Bath
2037 ft²
|
$399,900
-9.11%
04/04/2025
|
Kim Wilkin
Compass RE Texas, LLC - SA
| |
|
01/01/2025
|
2 Bed
|
2 Bath
|
1407 ft²
|
$399,000
2 Bed
2 Bath
1407 ft²
|
$399,000
01/01/2025
|
Kim McCracken
Compass RE Texas, LLC
| |
|
04/27/2024
|
2 Bed
|
2 Bath
|
1407 ft²
|
$425,000
2 Bed
2 Bath
1407 ft²
|
-
-
|
Lyon Gegenheimer
Compass
| |
|
04/20/2024
|
2 Bed
|
2 Bath
|
1401 ft²
|
$425,000
2 Bed
2 Bath
1401 ft²
|
$425,000
04/20/2024
|
Lyon Gegenheimer
Compass
| |
|
04/15/2024
|
2 Bed
|
2 Bath
|
1407 ft²
|
$448,000
2 Bed
2 Bath
1407 ft²
|
$448,000
04/15/2024
|
Laurie Richards
Impact Realty
| |
|
03/22/2024
|
3 Bed
|
3 Bath
|
1810 ft²
|
$429,900
3 Bed
3 Bath
1810 ft²
|
$424,900
-1.16%
03/22/2024
|
Sofia Thomas
RE/MAX North-San Antonio
| |
|
02/06/2024
|
2 Bed
|
2 Bath
|
1407 ft²
|
$420,000
2 Bed
2 Bath
1407 ft²
|
$420,000
02/06/2024
|
Jon Grubb
Keller Williams Realty
| |
|
11/03/2023
|
2 Bed
|
2 Bath
|
1407 ft²
|
$425,000
2 Bed
2 Bath
1407 ft²
|
$425,000
11/03/2023
|
Cindy Spears
Cynthia Ann Spears
| |
|
09/07/2022
| |
2 Bed
|
2 Bath
|
1407 ft²
|
$439,000
2 Bed
2 Bath
1407 ft²
|
-
-
|
Reuben Brooks
Engel & Volkers Austin Westlake
|
|
04/29/2021
|
3 Bed
|
3 Bath
|
1917 ft²
|
$399,800
3 Bed
3 Bath
1917 ft²
|
-
-
|
John Martin
Keller Williams - Austin SW
| |
|
08/09/2018
|
2 Bed
|
2 Bath
|
1424 ft²
|
-
2 Bed
2 Bath
1424 ft²
|
-
-
|
-
| |
|
07/13/2017
| |
2 Bed
|
2 Bath
|
1401 ft²
|
$315,000
2 Bed
2 Bath
1401 ft²
|
$366,300
+16.29%
05/17/2018
|
Melody Birdsong
|
Building Info
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017