








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 15601 Madriena Way, Austin, TX, 78738 priced at $785,000 converts $5,045/mo rent into after a $3,842/mo obligation. Total monthly income equals $5,045/mo. Return on cash invested prints 17.17% in year one, and rental yield reads 7.71% against a $785,000 entry. Equity gained on principal adds $5,065/yr, while 5% annual appreciation compiles into $216,881 by year five. Five-year ROI reaches 89.47% and total cumulative return in cash sums $231,074. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,045/mo property income covering a $3,842/mo payment, not borrower’s personal income.
Single Family
Built in 2017
8,402 sqft lot
$N/A/sqft
$85 monthly HOA
Neighborhood data shown for ZIP Code: 78738, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,817 (100%) |
| Owner Occupied HU | 9,948 (72.0%) |
| Renter Occupied HU | 3,060 (22.1%) |
| Vacant Housing Units | 809 ( 5.9%) |
| Median Home Value | $863,930 |
| Average Home Value | $1,035,231 |
Residential
13,242
Single Family
11,168
Multi-Family
2,074
Businesses
914
Date | Event | Price |
|---|---|---|
| 2025-03-14 | Listed for sale | $785,000 |
| 2024-12-17 | Listing removed | $799,000 |
| 2024-11-18 | Price change | $799,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-16 | $12181.19 | 8.06% | $731,640 | 10.00% |
| 2023-03-16 | $11272.32 | -1.95% | $665,127 | 10.00% |
| 2022-03-16 | $11496.24 | N/A | $604,661 | 10.00% |



Listed by: Mary Hickey • Keller Williams Realty - Lake Travis
Mls Name: HAR
Mls Provider:
Mls ID: #33495461
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