Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 1509 W 39th 1/2 St #206, Austin, TX, 78756 generates $1,890/mo in rent, after a $1,415/mo payment. Total monthly income is $1,890/mo. Return on cash invested sits at 14.49% in year one, and rental yield is 7.85% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 76.23% and total cumulative return in cash sums $73,034. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,890/mo property income rather than buyer’s personal income.
Condo
Built in 1988
958.32 sqft lot
$N/A/sqft
$235 monthly HOA
Neighborhood data shown for ZIP Code: 78756, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,783 (100%) |
| Owner Occupied HU | 1,885 (32.6%) |
| Renter Occupied HU | 3,511 (60.7%) |
| Vacant Housing Units | 387 ( 6.7%) |
| Median Home Value | $813,216 |
| Average Home Value | $905,032 |
Residential
4,654
Single Family
2,594
Multi-Family
2,060
Businesses
695
Date | Event | Price |
|---|---|---|
| 2025-03-14 | Listed for sale | $289,000 |
| 2013-06-27 | Sold | N/A |
| 2013-05-21 | Pending sale | $149,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-14 | $5183.25 | 0.23% | $261,541 | -8.50% |
| 2023-03-14 | $5171.57 | 5.40% | $285,841 | 15.05% |
| 2022-03-14 | $4906.73 | N/A | $248,452 | 39.39% |
Listed by: Lonnie Vantyle • Engel & Volkers Austin
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #7352177
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-03-14 14:54:13 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)
