9214 Thaxton RD
About This Property
The property includes 3 manufactured homes (not legally attached to the property but may be included with sale), providing options for immediate use, guest housing, or rental income while you plan your vision. With approximately 250 feet of frontage on Thaxton Road, this tract offers excellent accessibility and visibility in one of South Austin's fastest-growing areas.
Utilities are readily available with water from Creedmoor-Maha Water Supply Corporation, electricity from Austin Energy, and an existing on-site septic system (OSSF). The property lies within the Austin ETJ, meaning no zoning restrictions and flexible potential for residential, multi-family, or light industrial development. Bring your horses, your builder, or your next big idea - this South Austin acreage offers space, location, and opportunity all in one. No survey available.
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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 |
|---|---|---|---|
| Oct 24, 2025 | In contract | - | |
| In contract | |||
| Oct 14, 2025 | Listed by Keller Williams Realty | $775,000 | |
| Listed by Keller Williams Realty | |||
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About Travis
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017