12223 Old Stage Trl

Property description

The Austin Market’s Premier Investment Opportunity; Boasting a 7.2% Cap Rate and 5.2% Net Yield at list price. This property is a proven performer in one of the country’s most resilient markets. The Property has been gut-remodeled in 2022, this home features a sophisticated European contemporary design specifically curated to attract high-income professionals relocating to Austin. The 4-bedroom, 3-bathroom layout centers around an expansive open-concept living, dining, and kitchen area, framed by large windows that lead to a stunning, professionally landscaped backyard. Performance & Reliability * Near-Zero Vacancy: Since March 2022, the property has seen only 15 days of total vacancy across three tenants—strictly for "make-ready" transitions. * High Demand: Even in a shifting rental market, this home continues to attract multiple applications up to 45 days prior to availability. * Modern Essentials: Equipped with a chef-grade kitchen, ample storage, and a dedicated EV rapid charger. Key Financials: * Actual Cap Rate: 7.2% * Net Yield: 5.2% * Status: Turnkey / Fully Occupied