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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% |
Rental property for sale in Cedar Park at 1515 Legend Oaks Ln, Cedar Park, TX, 78613 priced at $375,000 converts $2,443/mo rent into after a $1,835/mo obligation. Total monthly income equals $2,443/mo. Return on cash invested prints 17.23% in year one, and rental yield reads 7.82% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 89.89% and total cumulative return in cash sums $111,747. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,443/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 2006
5,641 sqft lot
$N/A/sqft
$54 monthly HOA
Neighborhood data shown for ZIP Code: 78613, Cedar Park, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,575 (100%) |
| Owner Occupied HU | 20,757 (58.3%) |
| Renter Occupied HU | 13,356 (37.5%) |
| Vacant Housing Units | 1,462 ( 4.1%) |
| Median Home Value | $517,721 |
| Average Home Value | $581,975 |
Residential
34,447
Single Family
25,762
Multi-Family
8,685
Businesses
2,269
Date | Event | Price |
|---|---|---|
| 2025-04-04 | Listed for sale | $375,000 |
| 2021-12-02 | Listing removed | N/A |
| 2021-10-29 | Contingent | $365,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-04 | $3779.23 | -54.07% | $358,001 | -19.92% |
| 2022-04-04 | $8227.42 | 87.08% | $447,063 | 77.66% |
| 2021-04-04 | $4397.76 | -1.83% | $251,638 | 10.00% |
Listed by: Jordan Johnson • Compass RE Texas, LLC
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #2657904
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-04-04 08:37:51 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)
