Top 10 Austin Zillow Investment Listings Ranked by Cash-on-Cash Return
Ten Austin rental listings from Zillow ranked by cash-on-cash return. East Austin, Rundberg, and Manchaca deals with Realy metrics and investor notes.
These ten listings were pulled from Austin-area Zillow markets (78735, 78741, 78652, 78723, 78758, 78745, 78744, 78732) and ranked by cash-on-cash return (CoC) using Realy’s Chrome extension, sorted by highest CoC first.
All ten listings show positive CoC under lean assumptions. A sub-$70K FSBO leads the pack. Condos and east-side SFRs fill the middle. Texas property taxes and insurance are not fully captured by the lean model, so re-run each deal with local quotes.
This is a screening list, not a buy list.
Calculation Assumptions Used
| Input | Setting |
|---|---|
| Down payment | 20% · Closing 1% · Rate 6.5% · 30Y fixed |
| Property taxes | 2% of sale value |
| Insurance, vacancy, maintenance, HOA | $0 (add your quotes) |
| Rent | Zillow Rent Zestimate |
See cash-on-cash formula and NOI guide.
At-a-Glance Ranking
| # | Address | Price | Beds/Baths | CoC | Cap Rate | Mo. CF | Rent/mo |
|---|---|---|---|---|---|---|---|
| 1 | 6301 Oleander Trl | $65,000 | 4 / 2 | 164.5% | 40.6% | $1,871 | $2,308 |
| 2 | 2301 Mission Hill Dr APT 104 | $109,900 | 1 / 2 | 72.6% | 21.3% | $1,396 | $2,135 |
| 3 | 606 Hickory Ridge Rd | $250,000 | 3 / 3 | 39.7% | 14.4% | $1,738 | $3,419 |
| 4 | 4001 Briones St | $235,000 | 2 / 2 | 37.0% | 13.8% | $1,520 | $3,100 |
| 5 | 2018 W Rundberg Ln APT 4B | $129,999 | 2 / 2 | 24.6% | 11.2% | $559 | $1,433 |
| 6 | 6006 Palm Cir | $200,000 | 3 / 2 | 21.1% | 10.5% | $739 | $2,084 |
| 7 | 4614 Bundyhill Dr | $250,000 | 4 / 2 | 19.5% | 10.2% | $853 | $2,534 |
| 8 | 4315 S Congress Ave #220 | $152,310 | 1 / 1 | 16.7% | 9.6% | $445 | $1,469 |
| 9 | 5222 Pine Pl | $250,000 | 4 / 2 | 16.6% | 9.6% | $728 | $2,409 |
| 10 | 13207 Mansfield Dr | $595,000 | 5 / 5 | 15.6% | 9.3% | $1,624 | $5,624 |
#1: 6301 Oleander Trl, Austin TX 78735
Single family · 4 bed / 2 bath · 1,232 sqft · $65,000
| Metric | Value |
|---|---|
| Cash-on-cash | 164.5% |
| Cap rate | 40.6% |
| Monthly cash flow | $1,871 |
| Total cash down | $13,650 |
Why it ranks #1: Sub-$70K FSBO with $2,308/mo rent. Only $13,650 cash down under the model.
Investor notes: For sale by owner. 29 days on market. 1,000 sqft lot. Verify title, lot ownership, and whether the asset is a conventional SFR vs. manufactured before underwriting.
#2: 2301 Mission Hill Dr APT 104, Austin TX 78741
Condo · 1 bed / 2 bath · 1,806 sqft · $109,900
| Metric | Value |
|---|---|
| Cash-on-cash | 72.6% |
| Cap rate | 21.3% |
| Monthly cash flow | $1,396 |
Investor notes: $15,000 price cut (Jul 9). 39 days on market. Large 1,806 sqft footprint for a one-bed. Tax assessed $297,642 vs. $110K list. Confirm HOA and layout.
#3: 606 Hickory Ridge Rd, Manchaca TX 78652
Single family · 3 bed / 3 bath · 2,205 sqft · $250,000
| Metric | Value |
|---|---|
| Cash-on-cash | 39.7% |
| Cap rate | 14.4% |
| Monthly cash flow | $1,738 |
Investor notes: $45,000 price cut (May 12). South of Austin in Manchaca. 0.71-acre lot with metal buildings noted. 214 days on market. Strong rent relative to ask.
#4: 4001 Briones St, Austin TX 78723
Townhouse · 2 bed / 2 bath · 1,292 sqft · $235,000
| Metric | Value |
|---|---|
| Cash-on-cash | 37.0% |
| Cap rate | 13.8% |
| Monthly cash flow | $1,520 |
Investor notes: East Austin / 78723. Brand-new listing (9 days). Tax assessed only $4,000. Confirm actual tax bill and HOA.
#5: 2018 W Rundberg Ln APT 4B, Austin TX 78758
Condo · 2 bed / 2 bath · 1,082 sqft · $129,999
| Metric | Value |
|---|---|
| Cash-on-cash | 24.6% |
| Cap rate | 11.2% |
| Monthly cash flow | $559 |
Investor notes: $7,501 price cut (Jul 21). North Austin / Rundberg. 51 days on market. Thinner rent vs. price. HOA will matter.
#6: 6006 Palm Cir, Austin TX 78741
Single family · 3 bed / 2 bath · 1,135 sqft · $200,000
| Metric | Value |
|---|---|
| Cash-on-cash | 21.1% |
| Cap rate | 10.5% |
| Monthly cash flow | $739 |
Investor notes: Bank-owned foreclosure. 5 days on market. Zestimate ~$245K vs. $200K list. Southeast Austin. Title and condition diligence required.
#7: 4614 Bundyhill Dr, Austin TX 78723
Single family · 4 bed / 2 bath · 1,491 sqft · $250,000
| Metric | Value |
|---|---|
| Cash-on-cash | 19.5% |
| Cap rate | 10.2% |
| Monthly cash flow | $853 |
Investor notes: 69 days on market. Tax assessed $473,953 vs. $250K list. Large automated value gap. Confirm condition and comps in 78723.
#8: 4315 S Congress Ave #220, Austin TX 78745
Condo · 1 bed / 1 bath · 534 sqft · $152,310
| Metric | Value |
|---|---|
| Cash-on-cash | 16.7% |
| Cap rate | 9.6% |
| Monthly cash flow | $445 |
Investor notes: South Congress corridor. 7 days on market. Zestimate ~$197K. Compact studio-style condo. Confirm HOA and rental rules.
#9: 5222 Pine Pl, Austin TX 78744
Single family · 4 bed / 2 bath · 1,256 sqft · $250,000
| Metric | Value |
|---|---|
| Cash-on-cash | 16.6% |
| Cap rate | 9.6% |
| Monthly cash flow | $728 |
Investor notes: Southeast Austin / 78744. 40 days on market. Tax assessed $384,568. Zestimate ~$237K. Mid-pack SFR yield.
#10: 13207 Mansfield Dr, Austin TX 78732
Single family · 5 bed / 5 bath · 3,591 sqft · $595,000
| Metric | Value |
|---|---|
| Cash-on-cash | 15.6% |
| Cap rate | 9.3% |
| Monthly cash flow | $1,624 |
Investor notes: $44,000 price cut (Jul 16). Steiner Ranch / 78732. Highest price and rent on this screen. Insurance and taxes will hit harder at this scale.
Austin Patterns
| Pattern | Takeaway |
|---|---|
| Ultra-cheap lead | #1 is a $65K FSBO. Diligence first, yield second |
| East / SE Austin mix | 78741 and 78723 show up repeatedly |
| Foreclosure + HOA gaps | #6 is bank-owned. Condos need real dues |
| vs. Dallas / Houston | Compare Dallas top 10 and Houston top 10 |
Screen Austin in Realy
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Related: First rental checklist · Dallas top 10