8304 Springsteen Dr, Austin, TX, 78744 | 7.15% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

8304 Springsteen Dr, Austin, TX, 78744 | 7.15% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
1717 sft

8309 Leroi Dr, Austin, TX, 78744

3 Bed
3 Bath
1734 sft

8102 Springsteen Dr, Austin, TX, 78744

3 Bed
3 Bath
1739 sft

8120 Springsteen Dr, Austin, TX, 78744

3 Bed
3 Bath
1734 sft

8114 Springsteen Dr, Austin, TX, 78744

Nearby investment properties with comparable prices

3 Bed
2 Bath
1771 sft

758 Billowing Way, Kyle, TX, 78640

3 Bed
3 Bath
1771 sft

Beaumont Plan, Crosswinds, Kyle, TX, 78640

3 Bed
3 Bath
1771 sft

Beaumont Plan, Blanco Vista, San Marcos, TX, 78666

4 Bed
2 Bath
1774 sft

3275 Everett, Kyle, TX, 78640

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Austin at 8304 Springsteen Dr, Austin, TX, 78744 priced at $372,933 converts $2,222/mo rent into after a $1,825/mo obligation. Total monthly income equals $2,222/mo. Return on cash invested prints 15.74% in year one, and rental yield reads 7.15% against a $372,933 entry. Equity gained on principal adds $2,406/yr, while 5% annual appreciation compiles into $103,035 by year five. Five-year ROI reaches 81.71% and total cumulative return in cash sums $101,018. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,222/mo property income covering a $1,825/mo payment, not borrower’s personal income.

Condo

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

A defined entryway makes the Pratt a joy for entertaining. This 3-bedroom, 2.5-bath Urban Home does a fantastic job of separating public and private spaces. From the wide front porch, guests are greeted in the open-concept great room. A walk-in pantry makes great use of the space under the stairs. Don't miss the private covered patio just off the kitchen, a great spot for checking email or enjoying drinks after work. Upstairs, you'll find the Primary bedroom with a huge walk-in closet, as well as 2 additional bedrooms and another full bath. An upstairs laundry room keeps laundry out of sight and means fewer trips up and down the stairs.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78744, Austin, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	23,678 (100%)
Owner Occupied HU	10,607 (44.8%)
Renter Occupied HU	11,551 (48.8%)
Vacant Housing Units	1,520 ( 6.4%)
Median Home Value	$410,154
Average Home Value	$446,224