308 E Garrett Run, Austin, TX, 78753 | 7.39% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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308 E Garrett Run, Austin, TX, 78753 | 7.39% 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

Investment property for sale in Austin at 308 E Garrett Run, Austin, TX, 78753 with 5% annual appreciation on a $299,900 basis while $1,847/mo rent supports operations. 46% in year one. Equity gained on principal adds $1,935/yr, and five-year appreciation sums $82,857 alongside rental yield of 7.39%. Five-year ROI measures 85.6% and total cumulative return in cash totals $85,096. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,847/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1982

9,343 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming and move-in ready 3bed/2bath home that's in a fantastic location near Austin's tech sector and the Domain! Rest easy as almost all of the big ticket items have been taken care of: new roof (2025), new HVAC (2025), new water heater (2025), new interior paint (2025), all windows replaced with double pane (2015), and all LVP flooring with no carpet (2019). The heart of the home is the spacious living room which has vaulted ceilings and a wood burning fireplace. The living room flows into the dining and kitchen spaces, but it also flows into one of the secondary bedrooms (with double doors) that could be a great office or playroom too! The interior is in great condition, but it's a perfect candidate for cosmetic updates to suit your style! Enjoy the almost quarter of an acre, flat lot that's an empty canvas for whatever you can dream up (patio, pool, shed, or firepit anyone?). Don't miss the storage room accessed from the backyard. And when you're ready to leave the house, it's super easy access to 35 to get downtown in a hurry. The Domain / Q2 Stadium and Mueller are both only about a 10 minute drive away, and the beautiful Walnut Creek Park only about 5 minutes. Approx 1 mile to HEB, and only a half mile away from some Maudie's Tex Mex and margaritas! And finally, it's a pickleball player's dream being less than 1 mile away from Pickle Ranch!

Neighborhood Data

Neighborhood data shown for ZIP Code: 78753, Austin, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	24,028 (100%)
Owner Occupied HU	6,589 (27.4%)
Renter Occupied HU	15,744 (65.5%)
Vacant Housing Units	1,695 ( 7.1%)
Median Home Value	$416,345
Average Home Value	$467,801