








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 1902 Fair Oaks Dr, Austin, TX, 78745 listed at $398,500 pairs $2,754/mo rent with a $1,950/mo payment. Total monthly income runs $2,754/mo. Return on cash invested measures 17.73% in year one, and rental yield registers 8.29% at a $398,500 basis. Equity gained on principal adds $2,571/yr, and annual property appreciation at 5% supports $110,098 by year five. Five-year ROI tracks 92.91% and total cumulative return in cash totals $122,737. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,754/mo property income relative to a $1,950/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
7,143 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78745, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,423 (100%) |
| Owner Occupied HU | 12,674 (41.7%) |
| Renter Occupied HU | 15,947 (52.4%) |
| Vacant Housing Units | 1,802 ( 5.9%) |
| Median Home Value | $533,609 |
| Average Home Value | $591,818 |
Residential
31,391
Single Family
20,135
Multi-Family
11,256
Businesses
1,728
Date | Event | Price |
|---|---|---|
| 2024-07-28 | Listing removed | N/A |
| 2024-07-11 | Listed for rent | $1,925 |
| 2024-07-10 | Price change | $398,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | N/A | N/A | $464,206 | -8.38% |
| 2022-08-14 | $8537.88 | N/A | $506,669 | 53.28% |
| 2021-08-14 | N/A | N/A | $330,559 | 12.97% |



Listed by: Mike Jones • JBGoodwin REALTORS WL
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #6166102
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2024-08-14 01:41:51 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](/info/mls-disclaimers/#mls_27)