$499,900
●
Condo -
Off Market
911 Keith LN #13
Austin, TX 78705
2 Beds
2 Baths
1,408 Ft²
$3,646
Est. Monthly
$570
HOA / Fees
1.07%
Cap Rate
About This Property
Rare opportunity to own an urban oasis, very secluded and private,
tons of trees surround the property giving it a "treehouse" feel.
Walk to the UT campus (.2 miles) and a quick ride to
downtown/capital (2 miles) Two master suites & two living
areas! Open kitchen w/island! HUGE balcony off of living - perfect
for entertaining w/GORGEOUS VIEWS Two story condo 2 blocks
Enormous covered patio on both levels overlooking UT campus and
downtown skyline. Small complex has 16 units, 2 covered reserved
parking spaces. Built around mature oak trees so it doesn't have
that cold concrete/steel feel. Open kitchen, breakfast and family
room down with master bedroom/bathroom. Upstairs features loft
office with bedroom/bathroom. Don't miss this opportunity you
will not see another property like this!
Unit Size
1,408 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$355
Property Type
Condo
Property Taxes
$621
HOA Dues
$570
Year Built
-
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Cap Rate Calculator
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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 #ACT1804428)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 15, 2024 | In contract | - | |
| In contract | |||
| Mar 9, 2024 | Price Decreased |
$499,900
↓ $6K
(1.2%) | |
| Price Decreased | |||
| Feb 9, 2024 | Listed by Compass RE Texas, LLC | $506,000 | |
| Listed by Compass RE Texas, LLC | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Parking Details
Covered Spaces: 2
Total Number of Parking: 2
Parking Features: Attached, Garage, Reserved
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Beamed Ceilings, High Ceilings, In-Law Floorplan, Multiple Living Areas, Primary Bedroom on Main, Recessed Lighting, Track Lighting
Appliances: Dishwasher, Dryer, Microwave, Free-Standing Range, Refrigerator, Washer
Flooring Type: Carpet, Concrete
Cooling: Central Air
Heating: Central
Living Area: 1408
Fireplace Features: None
Exterior Details
Property Type: Residential
Property Sub Type: Condominium
Green Energy Efficient
Property Condition: Resale, Excellent
Year Built: 2003
Year Built Source: Builder
Unit Style: 3rd+ Floor Entry
View Desription: City, Panoramic
Fencing: Wrought Iron
Spa Features: None
Levels: Two
Construction Materials: Masonry – All Sides
Foundation: Slab
Roof: Composition
Exterior Features: Exterior Steps
Pool Features: None
Lot Features: Sprinkler - Automatic, Sprinkler - In-ground, Trees-Heavy, Trees-Large (Over 40 Ft)
Lot Size Acres: 0.037
Lot Size Square Feet: 1611.72
Water Source: Public
Financial Details
Tax Year: 2023
Tax Annual Amount: $7,456
Utilities Details
Water Source: Public
Sewer : Public Sewer
Utilities For Property: Electricity Available, Phone Available
Location Details
Directions: From I35 turn West on 32nd, Right on Red River, Right on Keith Lane. First parking garage entrance on your right.
Community Features: Gated
Other Details
Association Fee Includes: Common Area Maintenance, Insurance
Association Fee: $570
Association Fee Freq: Monthly
Association Name: River City Lofts HOA
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/27/2025
|
2 Bed
|
2 Bath
|
1241 ft²
|
$440,000
2 Bed
2 Bath
1241 ft²
|
$440,000
01/27/2025
|
Orlando Garza
OG Realty
| |
|
02/09/2024
|
2 Bed
|
2 Bath
|
1408 ft²
|
$506,000
2 Bed
2 Bath
1408 ft²
|
$499,900
-1.21%
02/09/2024
|
Mark Kolbensvik
Compass RE Texas, LLC
|
Building Info
About Central Austin
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Listed by: Mark Kolbensvik
Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2024-04-15 17:56:15
Data Source: Unlock MLS, MLS# ACT1804428
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2024-04-15 17:56:15
Data Source: Unlock MLS, MLS# ACT1804428
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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