








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 11813 Shimmering Sea Dr, Austin, TX, 78747 with 5% annual appreciation on a $545,640 basis while $5,359/mo rent supports operations. Total monthly income totals $5,359/mo and a $2,671/mo payment preserves $1,479/mo for cash returns. Annual cash flow comes to $17,742/yr on $179,516 deployed, and return on cash invested reaches 29.94% in year one. Equity gained on principal adds $3,521/yr, and five-year appreciation sums $150,750 alongside rental yield of 11.79%. Five-year ROI measures 157.86% and total cumulative return in cash totals $283,377.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,359/mo property income versus a $2,671/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78747, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,594 (100%) |
| Owner Occupied HU | 6,486 (61.2%) |
| Renter Occupied HU | 3,573 (33.7%) |
| Vacant Housing Units | 535 ( 5.1%) |
| Median Home Value | $480,624 |
| Average Home Value | $535,946 |
Residential
10,942
Single Family
8,374
Multi-Family
2,568
Businesses
171
Date | Event | Price |
|---|---|---|
| 2024-05-29 | Price change | $545,640 |
| 2024-05-01 | Price change | $544,640 |
| 2024-04-16 | Listed for sale | $543,650 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $542.78 | 83.22% | $30,000 | 100.00% |
| 2022-08-14 | $296.25 | N/A | $15,000 | N/A |



Listed by: Mikki Ludecke • M/I Homes
Mls Name: M/I Homes
Mls Provider:
Mls ID: #N/A