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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 1509 Ridgehaven Dr, Austin, TX, 78723 earns from $3,778/mo rent with a $3,549/mo payment. Total monthly income totals $3,778/mo. ROI tracks 13.13% on current figures, and rental yield reads 6.25% at a $725,000 purchase. Equity gained on principal adds $4,678/yr, and 5% annual appreciation supports $200,304 over five years. Five-year ROI reaches 67.65% and total cumulative return in cash sums $161,369. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,778/mo property income instead of your personal income.
Single Family
Built in 1955
7,649 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78723, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,451 (100%) |
| Owner Occupied HU | 7,934 (40.8%) |
| Renter Occupied HU | 9,200 (47.3%) |
| Vacant Housing Units | 2,317 (11.9%) |
| Median Home Value | $616,039 |
| Average Home Value | $676,187 |
Residential
16,431
Single Family
10,089
Multi-Family
6,342
Businesses
781
Date | Event | Price |
|---|---|---|
| 2025-06-18 | Listed for sale | $725,000 |
| 2020-02-11 | Listing removed | $569,000 |
| 2020-02-08 | Listed for sale | $569,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-19 | $7341.45 | 0.70% | $629,678 | -0.69% |
| 2023-06-19 | $7290.15 | -12.76% | $634,055 | 10.00% |
| 2022-06-19 | $8356.21 | N/A | $576,414 | 10.00% |
Listed by: Josh King • One Place Realty LLC
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #6598879
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-06-19 01:03:48 PDT. 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](/mls-disclaimers/#27)
