$700,000
●
House -
Off Market
9008 Spring Lake DR
Austin, TX 78750
4 Beds
3 Baths,
1
Half Bath
2,134 Ft²
$4,430
Est. Monthly
$4
HOA / Fees
2.40%
Cap Rate
About This Property
Welcome to your hilltop home. 4 bedrooms all upstairs, two
living areas, a window over the kitchen sink to view the private
backyard. Two separate AC units, one dedicated to the lower level
and another to the upper floor. Nest thermostats and smart
smoke/carbon monoxide detectors, Dual paned windows throughout,
highly rated schools. Balcones Golf Course, pool, tennis courts,
Balcones Country Club has different levels of membership.
Unit Size
2,134 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$328
Property Type
House
Property Taxes
$988
HOA Dues
$4
Year Built
1976
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Unlock MLS #ACT7798844)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 12, 2024 | No longer available | - | |
| No longer available | |||
| Dec 4, 2023 | Relisted | $700,000 | |
| Relisted | |||
| Dec 3, 2023 | No longer available | - | |
| No longer available | |||
| Dec 1, 2023 | Price Decreased |
$700,000
↓ $49K
(6.5%) | |
| Price Decreased | |||
| Nov 17, 2023 | Listed by Pacesetter Properties | $749,000 | |
| Listed by Pacesetter Properties | |||
| | |||
|
Welcome to your hilltop home. 4 bedrooms all upstairs, two living areas, and a window over the kitchen sink to view the private backyard. Two separate AC units, one dedicated to the lower level and another to the upper floor. Nest thermostats and smart smoke/carbon monoxide detectors, Dual paned windows throughout, highly rated schools. Balcones Golf Course, pool, tennis courts, Balcones Country Club has different levels of membership. The manager has listed the unit size as 2134 square feet.
| |||
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Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
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Type
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Baths
ft²
Price/ft²
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HOA + Taxes
About Northwest Austin
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Listed by: Laura Watts
Listed Office: Pacesetter Properties - Listing courtesy of Unlock MLS
Phone: (512) 335-3900
Last Updated: 2024-02-07 03:51:51
Data Source: Unlock MLS, MLS# ACT7798844
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Pacesetter Properties - Listing courtesy of Unlock MLS
Phone: (512) 335-3900
Last Updated: 2024-02-07 03:51:51
Data Source: Unlock MLS, MLS# ACT7798844
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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