11907 Millwright Pkwy, Austin, TX, 78750 | 6.16% Rental Yield

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11907 Millwright Pkwy, Austin, TX, 78750 | 6.16% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Total monthly income runs $2,920/mo, and a $2,785/mo payment. Purchase price stands at $569,000, and rental yield measures 6.16% with $2,920/mo rent. Return on cash invested shows 12.84% in year one, and 5% annual appreciation builds toward $157,204 over five years. Five-year ROI reaches 66.12% and total cumulative return in cash records $123,779. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,920/mo property income covering a $2,785/mo payment rather than investor’s personal income.

Single Family

Built in 1976

0.27 Acres lot

$N/A/sqft

No HOA

More details about the property

This beautifully renovated 4-bedroom, 2.5-bathroom home blends modern sophistication with timeless style, offering high-end finishes and thoughtful design throughout. Situated on a spacious 0.29-acre lot with no HOA, this property delivers both charm and functionality in every room. Step into a bright and open living space with vaulted ceilings and beams in the family room and a dramatic Venetian plaster fireplacea stunning focal point that adds texture and elegance. The home has light-toned LVP flooring throughout and no carpet! The brand new kitchen boasts quartz countertops, sleek cabinetry, new appliances, and huge picture windows that bring a ton of light into the room. A true highlight, the Gatsby-inspired bar offers a nod to vintage glam with a custom design and serving window to the backyard. The primary suite features a fully redesigned bathroom with bold green designer tile, Kohler fixtures in the custom walk-in shower, a dual vanity and a walk in closet. Additional upgrades: New roof (2025), New energy-efficient windows throughout, Freshly painted exterior and interior, New front yard sod, Large backyard with room to entertain, garden, or expand. Newer HVAC installed by previous owner. Centrally located with easy access to 183, 620, and SH-45, this home offers a quick commute to major employers, The Domain, Lakeline Mall, and a wide range of shopping and dining options. Walking distance to a local park. Zoned to highly acclaimed Round Rock ISD schools, including the top-rated Westwood High School.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78750, Austin, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,202 (100%)
Owner Occupied HU	7,338 (60.1%)
Renter Occupied HU	4,422 (36.2%)
Vacant Housing Units	442 ( 3.6%)
Median Home Value	$630,506
Average Home Value	$667,088