








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 The Hills at 5 Tournament Way #8, The Hills, TX, 78738 priced at $299,999 pairs $1,913/mo rent with after a $1,468/mo payment. Total monthly income equals $1,913/mo. Return on cash invested is 14.66% in year one, and rental yield stands at 7.65% on a $299,999 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 76.89% and total cumulative return in cash reaches $76,464. For financing, Ziffy Mortgage’s DSCR program evaluates $1,913/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1982
2,047 sqft lot
$N/A/sqft
$644 quarterly HOA
Neighborhood data shown for ZIP Code: 78738, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,817 (100%) |
| Owner Occupied HU | 9,948 (72.0%) |
| Renter Occupied HU | 3,060 (22.1%) |
| Vacant Housing Units | 809 ( 5.9%) |
| Median Home Value | $863,930 |
| Average Home Value | $1,035,231 |
Residential
13,242
Single Family
11,168
Multi-Family
2,074
Businesses
914
Date | Event | Price |
|---|---|---|
| 2024-07-19 | Listed for sale | $299,999 |
| 2024-04-23 | Listing removed | N/A |
| 2024-03-18 | Price change | $1,395 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $3637.75 | N/A | $213,945 | N/A |



Listed by: Melissa Mandry • Keller Williams - Lake Travis
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #8852834
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2024-08-13 16:34:49 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)