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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Austin at 6901 Reese Ln #2, Austin, TX, 78757 offers $3,368/mo rent that, after a $2,814/mo payment. Total monthly income is $3,368/mo. Return on cash invested measures 13.35% in year one, and rental yield stands at 7.03% 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 69.65% and total cumulative return in cash reaches $131,759. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,368/mo property income versus a $2,814/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2020
3,981 sqft lot
$N/A/sqft
$40 annually HOA
Neighborhood data shown for ZIP Code: 78757, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,043 (100%) |
| Owner Occupied HU | 6,139 (47.1%) |
| Renter Occupied HU | 5,539 (42.5%) |
| Vacant Housing Units | 1,365 (10.5%) |
| Median Home Value | $693,793 |
| Average Home Value | $774,919 |
Residential
11,553
Single Family
8,502
Multi-Family
3,051
Businesses
1,109
Date | Event | Price |
|---|---|---|
| 2025-04-18 | Listed for sale | $575,000 |
| 2024-10-16 | Listing removed | $575,000 |
| 2024-08-14 | Listed for sale | $575,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-18 | $13548.28 | 7.10% | $683,630 | -6.73% |
| 2023-04-18 | $12650.10 | 18.07% | $732,993 | -2.74% |
| 2022-04-18 | $10713.99 | N/A | $753,622 | N/A |
Listed by: Ryan Jamison • Keller Williams Realty
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #2924844
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-04-18 08:33:41 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](/mls-disclaimers/#27)
