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8901 Candelaria DR
About This Property
Nestled just outside Austin city limits in the desirable Granada Hills community, this home offers low taxes and a voluntary HOA-a rare find!
Enjoy the welcoming ambiance of a covered front porch and a spacious covered back patio, perfect for relaxing or entertaining. The property is shaded by mature oak trees, adding to its serene appeal. Take a short walk to the neighborhood park, pool, and tennis courts, all within easy reach. Conveniently located southwest of the Y and west of Circle C, this home is just minutes from Dripping Springs, Hwy 71, and the Hill Country Galleria. Quick access to restaurants, entertainment, coffee shops, hospitals, H-E-B, and more makes daily life a breeze.
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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 |
|---|---|---|---|
| Feb 21, 2025 | Listed by eXp Realty, LLC | $599,900 | |
| Listed by eXp Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017