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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Austin at 115 Merion Dr, Austin, TX, 78737 earns from $4,388/mo rent with a $4,058/mo payment. Total monthly income totals $4,388/mo. ROI tracks 11.17% on current figures, and rental yield reads 6.35% at a $829,000 purchase. Equity gained on principal adds $5,349/yr, and 5% annual appreciation supports $229,037 over five years. Five-year ROI reaches 57.99% and total cumulative return in cash sums $158,164. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,388/mo property income instead of your personal income.
Single Family
Built in 2009
0.30 Acres lot
$N/A/sqft
$144 quarterly HOA
Neighborhood data shown for ZIP Code: 78737, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,160 (100%) |
| Owner Occupied HU | 7,449 (81.3%) |
| Renter Occupied HU | 1,335 (14.6%) |
| Vacant Housing Units | 376 ( 4.1%) |
| Median Home Value | $721,648 |
| Average Home Value | $794,069 |
Residential
9,051
Single Family
7,880
Multi-Family
1,171
Businesses
414
Date | Event | Price |
|---|---|---|
| 2024-12-23 | Listed for sale | $829,000 |
| 2024-12-09 | Pending sale | $829,000 |
| 2024-12-09 | Contingent | $829,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $809,760 | -6.22% |
| 2023-12-27 | $19341.24 | -6.25% | $863,440 | 4.53% |
| 2022-12-27 | $20631.17 | 37.58% | $826,040 | 45.85% |
Listed by: Garrett Trahan • Domain Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #68693858
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively 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. Information is deemed reliable but not guaranteed.
