




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Austin at 11501 Walnut Ridge Dr, Austin, TX, 78753 priced at $427,000 converts $2,568/mo rent into after a $2,090/mo obligation. Total monthly income equals $2,568/mo. Return on cash invested prints 14.97% in year one, and rental yield reads 7.22% against a $427,000 entry. Equity gained on principal adds $2,755/yr, while 5% annual appreciation compiles into $117,972 by year five. Five-year ROI reaches 77.93% and total cumulative return in cash sums $110,313. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,568/mo property income covering a $2,090/mo payment, not borrower’s personal income.
Apartment
Built in 1983
9,282 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78753, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,028 (100%) |
| Owner Occupied HU | 6,589 (27.4%) |
| Renter Occupied HU | 15,744 (65.5%) |
| Vacant Housing Units | 1,695 ( 7.1%) |
| Median Home Value | $416,345 |
| Average Home Value | $467,801 |
Residential
24,460
Single Family
9,898
Multi-Family
14,562
Businesses
1,374
Date | Event | Price |
|---|---|---|
| 2025-03-27 | Listing removed | $460,000 |
| 2025-02-27 | Pending sale | $460,000 |
| 2025-02-19 | Contingent | $460,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-08 | $8456.12 | -2.25% | $426,686 | -10.76% |
| 2023-10-08 | $8650.81 | 9.07% | $478,144 | 19.06% |
| 2022-10-08 | $7931.55 | N/A | $401,613 | 7.85% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A