








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 1908 Rio Mesa Dr, Austin, TX, 78732 generates $9,514/mo in rent and, after a $5,751/mo payment, leaves $1,071/mo in cash flow. Total monthly income is $9,514/mo, and annual cash flow is $12,849/yr on $380,700 invested. Return on cash invested sits at 23.74% in year one, and rental yield is 9.72% on a $1,175,000 entry. Equity gained on principal adds $7,582/yr, while 5% annual appreciation builds toward $324,631 over five years. Five-year ROI reaches 124.65% and total cumulative return in cash sums $474,550. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $9,514/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
10,846 sqft lot
$N/A/sqft
$526 semi-annually HOA
Neighborhood data shown for ZIP Code: 78732, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,811 (100%) |
| Owner Occupied HU | 4,680 (68.7%) |
| Renter Occupied HU | 1,749 (25.7%) |
| Vacant Housing Units | 382 ( 5.6%) |
| Median Home Value | $800,474 |
| Average Home Value | $917,193 |
Residential
6,720
Single Family
5,482
Multi-Family
1,238
Businesses
171
Date | Event | Price |
|---|---|---|
| 2024-08-27 | Listed for sale | $1,175,000 |
| 2019-08-14 | Sold | N/A |
| 2019-07-15 | Pending sale | $650,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | N/A | N/A | $879,924 | 10.00% |
| 2022-08-30 | $15729.73 | N/A | $799,931 | 10.00% |
| 2021-08-30 | N/A | N/A | $727,210 | 10.00% |



Listed by: Robby Roberts • eXp Realty, LLC
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #2656907
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2024-08-30 07:11:34 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)