7801 Shoal Creek Blvd APT 241, Austin, TX, 78757 | $8/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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7801 Shoal Creek Blvd APT 241, Austin, TX, 78757 | $8/mo Cash Flow | Ziffy

For Sale

Listed for sale 7 days ago

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 7801 Shoal Creek Blvd APT 241, Austin, TX, 78757 uses $58,013 cash to close to unlock $97/yr annual cash flow and $8/mo monthly cash flow. Total monthly income runs $1,253/mo, and a $857/mo payment keeps the spread at $8/mo. Purchase price stands at $175,000, and rental yield measures 8.59% with $1,253/mo rent. Return on cash invested shows 20.08% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 105.03% and total cumulative return in cash records $60,931. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,253/mo property income covering a $857/mo payment rather than investor’s personal income.

Condo

Built in 1968

1,254 sqft lot

$N/A/sqft

No HOA

More details about the property

Tucked away in a quiet condominium community sprinkled with lush courtyards and convenient amenities, unit 241 is the perfect low maintenance home in the center of all that Austin has to offer. This unit features an open layout and is privately tucked towards the end of the building, allowing for easy access to parking and into the highly walkable surrounding amenities. Enjoy a quick stroll to shopping, grocery, popular local restaurants such as Jack Allens and District Kitchen, entertainment like Alamo Drafthouse, and coffee shops - All within 1/2 mile! Plus just an 8 minute drive to the Domain, 12 minutes to Downtown Austin, and a 20 minute commute to the Austin Airport. Inside, a generously sized living area and dedicated dining room provides and open space for lounging or entertaining, well lit by two large windows. Stainless appliances, a gas range, and butcher block counters provide a modern touch in the kitchen. The bathroom features a large vanity and closet space for storage. In the spacious bedroom, a window seat below the extra large window adds a cozy touch. Moderately priced, the HOA fee covers water, trash, sewer, common area maintenance, and use of laundry facility for no additional charge. Open parking with covered spots available.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78757, Austin, TX area.

Housing Distribution

Housing Statistics

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