8721 Sikes WAY
About This Property
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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 |
|---|---|---|---|
| Jul 1, 2026 | In contract | - | |
| In contract | |||
| May 7, 2026 | Listed by Hart of Texas | $425,000 | |
| Listed by Hart of Texas | |||
| Apr 18, 2026 | Delisted | - | |
| Delisted | |||
| Apr 17, 2026 | In contract | - | |
| In contract | |||
| Mar 21, 2026 | Listed by Real Broker, LLC | $430,000 | |
| Listed by Real Broker, LLC | |||
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Welcome to 8721 Sikes Way in the highly sought-after community of Goodnight Ranch in Austin (78747). This beautifully maintained 3-bedroom home offers a versatile flex/office space, 2 full baths with soaking tubs and a sophisticated blend of modern design, comfort, and convenience minutes from Interstate 35, State Highway 45, 183, downtown Austin, Bergstrom International Airport, and many major employers.
Upon entry you’re immediately greeted by a light-filled, open-concept design that blends elegance with livability. The expansive living area flows seamlessly into the dining space and gourmet kitchen, creating an ideal setting for everyday living and entertaining. The kitchen features a built in gas cooktop, sleek Silestone countertops, abundant custom cabinetry, and generous prep space. Designed to elevate the living experience, the home contains many upgrades such as a low voltage package, in-ceiling connections for speakers and sound throughout the main living to back patio offering an indoor/outdoor ambiance to enhance any occasion.
The primary suite provides a serene retreat, complete with a well appointed ensuite bath and an expansive walk in closet. Secondary bedrooms also feature walk in closets, each space thoughtfully curated to offer comfort and functionality. Outside you’ll find a spacious backyard and covered patio, complete with a gas grill connection ideal for outdoor dining, entertaining, or simply enjoying peaceful Texas evenings, enhanced by the home’s integrated outdoor audio option.
Perfectly positioned it’s a short walk to the community pool and amenity center, and minutes away from premier shopping, dining, parks, and schools including Southpark Meadows. This home offers a rare combination of accessibility and tranquility within one of Austin’s most desirable communities.
This is more than a home it’s a lifestyle defined by comfort, functionality, and connection. Schedule a private tour today and experience Goodnight Ranch firsthand.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017