








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 Lakeway at 409 Explorer, Lakeway, TX, 78734 priced at $675,000 converts $3,406/mo rent into after a $3,304/mo obligation. Total monthly income equals $3,406/mo. Return on cash invested prints 12.53% in year one, and rental yield reads 6.06% against a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation compiles into $186,490 by year five. Five-year ROI reaches 64.43% and total cumulative return in cash sums $143,091. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,406/mo property income covering a $3,304/mo payment, not borrower’s personal income.
Single Family
Built in 1993
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78734, Austin, TX area.
| 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 |
Residential
10,698
Single Family
9,927
Multi-Family
771
Businesses
1,419
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: Jenn Kuenzler • Team Price Real Estate
Mls Name: Unlock MLS
Mls ID: #9805156