902 Bluebonnet LN
About This Property
Step inside to an atmosphere of light and air, where soaring ceilings and strategically placed skylights illuminate a flowing, open-concept floor plan. While the home retains its timeless MCM character, it has been thoughtfully brought into the modern era with high-end appliances and recently updated HVAC and windows. With three oversized bedrooms and two distinct living areas, there is a generous sense of space that remains intimate and warm. Offering 3 spacious bedrooms, 3 full bathrooms, 2 living rooms, and an adjoining study. 2,700 SF (Floorplan), 0.306 Acres (TCAD), and built 1954.
The primary retreat is a masterclass in functional luxury, featuring a dedicated dressing room and two spacious closets. Outside, the experience continues on the expansive deck and screened-in porch-the ultimate front-row seat to Austin's natural beauty. Located just steps from Barton Springs and the cultural pulse of Zilker Park, this isn't just a home; it's a sanctuary above the city.
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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%.
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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.
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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 |
|---|---|---|---|
| Mar 3, 2026 | In contract | - | |
| In contract | |||
| Feb 19, 2026 | Listed by Gottesman Residential R.E. | $2,295,000 | |
| Listed by Gottesman Residential R.E. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017