214 Hazeltine Dr, Lakeway, TX, 78734 | 7.15% Rental Yield

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214 Hazeltine Dr, Lakeway, TX, 78734 | 7.15% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Lakeway at 214 Hazeltine Dr, Lakeway, TX, 78734 offers $3,427/mo rent that, after a $2,814/mo payment. Total monthly income is $3,427/mo. Return on cash invested measures 15.86% in year one, and rental yield stands at 7.15% at a $575,000 entry. Equity gained on principal adds $3,710/yr while 5% annual appreciation compounds into $158,862 by year five. Five-year ROI records 82.35% and total cumulative return in cash reaches $155,783. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,427/mo property income versus a $2,814/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1992

6,612 sqft lot

$N/A/sqft

No HOA

More details about the property

Now offered at $575,000, this charming lock-and-leave residence sits just steps from the Yaupon Golf Course in Lakeway. With an inviting light-filled floor plan, the home features 2,295 sq ft, 4 bedrooms, and 2.5 bathrooms across two spacious levels. The property was previously configured as a 3-bedroom and has been returned to its original 4-bedroom build floor plan. Interior highlights include marble flooring, crown molding, recessed lighting, and a wood-burning fireplace. The gourmet kitchen offers granite counters, a breakfast bar, and built-in appliances, opening seamlessly to the dining and family room. The upstairs primary suite provides dual walk-in closets, a soaking tub, and peaceful views of mature oak trees. The backyard is designed for low-maintenance living, with wrought iron fencing and a patio for enjoying Hill Country evenings. Two living areas create flexible space for work or relaxation. For buyers seeking additional opportunities nearby, the adjacent lot at 212 Hazeltine Dr (MLS# 5628130) is currently listed separately. Living in Lakeway includes access to golf, tennis, boating, pools, parks, trails, and the Hill Country Galleria just minutes away.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78734, Austin, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,565 (100%)
Owner Occupied HU	7,586 (71.8%)
Renter Occupied HU	1,989 (18.8%)
Vacant Housing Units	990 ( 9.4%)
Median Home Value	$770,107
Average Home Value	$947,171