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8806 El Rey BLVD
About This Property
Inside, the home welcomes you with an open floor plan, warm wood floors, fresh paint, new siding, and updated kitchen and bathrooms. The upstairs primary suite is a serene retreat with three additional bedrooms downstairs offering flexibility for guests, family, or a home office.
Step onto the covered back porch and feel the stress melt away while overlooking your park-like backyard. The generous outdoor space is perfect for entertaining, playing, or unwinding in the shade. Granada Hills is one of Southwest Austin's most sought-after neighborhoods for its wide lots, mature trees, neighborhood vibe, and Hill Country charm. Downtown Austin, Dripping Springs, and Lake Travis all reachable in under 20 minutes yet surrounding homesites offer rare levels of privacy, you'll feel worlds away from the hustle. Residents enjoy the flexibility of a voluntary HOA, access to a pool, park, tennis courts, and shaded playground only 4-houses from 8806 El Rey. Nearby conveniences include H-E-B, Seton Southwest Hospital, Circle C Park, along with miles of scenic trails and outdoor escapes. Top-rated schools, low taxes, voluntary HOA. It blends city convenience & country charm to perfection. This isn't just a home. It's a chosen lifestyle in one of Austin's most cherished neighborhoods.
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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 |
|---|---|---|---|
| Jun 3, 2026 | Delisted | - | |
| Delisted | |||
| Feb 4, 2026 | In contract | - | |
| In contract | |||
| Jan 7, 2026 | Relisted | $598,595 | |
| Relisted | |||
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
| Dec 20, 2025 | Price Decreased |
$598,595
↓ $405
(0.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017