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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 1201 Grove Blvd APT 1901, Austin, TX, 78741 uses $106,080 cash to close to unlock $1,256/yr annual cash flow and $105/mo monthly cash flow. Total monthly income runs $2,678/mo, and a $1,566/mo payment keeps the spread at $105/mo. Purchase price stands at $320,000, and rental yield measures 10.04% with $2,678/mo rent. Return on cash invested shows 21.09% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 111.63% and total cumulative return in cash records $118,419. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,678/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Condo
Built in 2005
3,049 sqft lot
$N/A/sqft
$298 monthly HOA
Neighborhood data shown for ZIP Code: 78741, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,212 (100%) |
| Owner Occupied HU | 3,645 (12.5%) |
| Renter Occupied HU | 22,859 (78.3%) |
| Vacant Housing Units | 2,708 ( 9.3%) |
| Median Home Value | $457,851 |
| Average Home Value | $511,431 |
Residential
25,937
Single Family
7,789
Multi-Family
18,148
Businesses
755
Date | Event | Price |
|---|---|---|
| 2025-01-24 | Price change | $320,000 |
| 2024-09-14 | Price change | $350,000 |
| 2024-05-11 | Price change | $379,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $368,462 | 5.86% |
| 2023-02-12 | $5195.67 | -10.55% | $348,052 | 10.00% |
| 2022-02-12 | $5808.31 | N/A | $316,411 | 10.00% |
Listed by: Lesly Rascoe • Gone to Texas Real Estate
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #6914194
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-02-12 08:54:22 PST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is 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. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_27)
