








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 1904 Melissa Oaks Ln, Austin, TX, 78744 at $365,000 posts ROI 23.35% with $347/mo cash flow from $2,960/mo rent. Total monthly income equals $2,960/mo, and annual cash flow records $4,159/yr on $120,998 to close. Return on cash invested measures 23.35% and rental yield reads 9.73% at the current $365,000. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 by year five. Five-year ROI prints 122.57% and total cumulative return in cash totals $148,303.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,960/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
5,619 sqft lot
$N/A/sqft
$220 annually HOA
Neighborhood data shown for ZIP Code: 78744, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,678 (100%) |
| Owner Occupied HU | 10,607 (44.8%) |
| Renter Occupied HU | 11,551 (48.8%) |
| Vacant Housing Units | 1,520 ( 6.4%) |
| Median Home Value | $410,154 |
| Average Home Value | $446,224 |
Residential
22,141
Single Family
14,979
Multi-Family
7,162
Businesses
1,026
Date | Event | Price |
|---|---|---|
| 2025-03-26 | Listed for sale | $365,000 |
| 2024-06-17 | Listing removed | N/A |
| 2024-06-12 | Listed for sale | $425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-27 | $3832.85 | -2.94% | $421,317 | 10.00% |
| 2023-03-27 | $3948.99 | -11.38% | $383,015 | 10.00% |
| 2022-03-27 | $4456.15 | N/A | $348,195 | 10.00% |



Listed by: Robert Eyers • BSL Real Estate, LLC
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #1751339
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-03-27 01:07:31 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)