








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 1937 E 38th 1/2 St #A, Austin, TX, 78723 earns from $2,640/mo rent with a $4,160/mo payment. Total monthly income totals $2,640/mo. ROI tracks 5.45% on current figures, and rental yield reads 3.73% at a $850,000 purchase. Equity gained on principal adds $5,485/yr, and 5% annual appreciation supports $234,839 over five years. Five-year ROI reaches 26.5% and total cumulative return in cash sums $74,098. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,640/mo property income instead of your personal income.
Townhouse
Built in 2025
8,180 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78723, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,451 (100%) |
| Owner Occupied HU | 7,934 (40.8%) |
| Renter Occupied HU | 9,200 (47.3%) |
| Vacant Housing Units | 2,317 (11.9%) |
| Median Home Value | $616,039 |
| Average Home Value | $676,187 |
Residential
16,431
Single Family
10,089
Multi-Family
6,342
Businesses
781
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Anthony Gibson • Keller Williams Realty
Mls Name: Unlock MLS
Mls ID: #3532503