








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 Round Rock at 1605 Mills Meadow Dr, Round Rock, TX, 78664 earns $1,380/mo cash flow from $3,407/mo rent with a $1,395/mo payment. Total monthly income totals $3,407/mo, and annual cash flow totals $16,563/yr on $94,478 capital. ROI tracks 37.44% on current figures, and rental yield reads 14.35% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 198.1% and total cumulative return in cash sums $187,158. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,407/mo property income instead of your personal income.
Single Family
Built in 1983
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78664, Round Rock, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,462 (100%) |
| Owner Occupied HU | 12,383 (50.6%) |
| Renter Occupied HU | 10,926 (44.7%) |
| Vacant Housing Units | 1,153 ( 4.7%) |
| Median Home Value | $418,100 |
| Average Home Value | $502,502 |
Residential
23,575
Single Family
16,820
Multi-Family
6,755
Businesses
1,847
Date | Event | Price |
|---|---|---|
| 2024-08-06 | Listed for sale | $285,000 |
| 2024-07-03 | Listing removed | N/A |
| 2024-06-09 | Price change | $298,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $3350.06 | -11.22% | $246,126 | 10.00% |
| 2022-08-13 | $3773.43 | -4.42% | $223,751 | 10.00% |
| 2021-08-13 | $3948.12 | 2.87% | $203,410 | 10.00% |



Listed by: Danielle James • Real
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #1786503
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2024-08-13 03:23:48 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](/info/mls-disclaimers/#mls_27)