33
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9106 Capitol DR
About This Property
Recent updates within the past two years include a new HVAC system and water heater, but the existing home may require significant renovation. For the right buyer, this creates an opportunity to pursue a major renovation, reconstruction, or potential redevelopment-subject to zoning, permitting, site conditions, and buyer due diligence.
Location is a major asset. Conveniently situated near major roads with easy access to Downtown Austin, The Domain, Mueller, shopping, dining, entertainment, and major employment centers. The surrounding area combines established neighborhoods with ongoing investment and development, making this an attractive location for those looking for long-term potential.
Bring your vision, your plans, and your construction team. This is an opportunity to take an existing property and potentially transform it into something that better reflects today's market and your investment strategy.
Property is being sold AS-IS, WHERE-IS, with no repairs or warranties from the seller. Buyer is responsible for all inspections and independently verifying square footage, lot dimensions, zoning, permitted uses, setbacks, utilities, restrictions, permits, development options, and the feasibility of any proposed renovation, reconstruction, or redevelopment.
Investors. Builders. Developers. A .27-acre North Austin opportunity with plenty of potential-come explore what's possible.
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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 |
|---|---|---|---|
| Sep 12, 2026 | Price Decreased |
$225,000
↓ $25K
(10%) | |
| Price Decreased | |||
| Sep 2, 2026 | Listed by Sprout Realty | $249,999 | |
| Listed by Sprout Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017