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Rental property for sale in Austin, TX

Check our updated investment properties for sale in Austin, TX. The real estate deals have been wisely curated by our team for you to achieve a cashflow-positive property investment. Added, investment tips and performance data in Austin, TX.

Rental property for sale in Austin
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Long Term Rental

Austin 78704 Renovated Fourplex | $1.45M

3802 Southway Dr, Austin

Purchase Price:$1,300,000

Cashflow:$365/mo

Cap Rate:6.17%

Short Term Rental

Pflugerville Seller-Financed Turnkey Short Term Rental | $800K

403 Geyser Ave, Pflugerville

Purchase Price:$800,000

Cashflow:$1,127/mo

Cap Rate:7.99%

Long Term Rental

Waco Baylor Duplex Fully Occupied | $550K

1907 S 17th St, Waco

Purchase Price:$520,000

Cashflow:$506/mo

Cap Rate:7.01%

Short Term Rental

Austin Turnkey Two-Home STR Projected at $220k Revenue | $1.1M

6117 Richardson Ln, Austin

Purchase Price:$1,100,000

Cashflow:$3,902/mo

Cap Rate:10.09%

Short Term Rental

Austin Turnkey STR Duplex Producing $11K/mo — $595K

11815 Lochridge Dr, Austin

Purchase Price:$595,000

Cashflow:$1,857/mo

Cap Rate:9.58%

Long Term Rental

Waco Brick Duplex $2,790/mo $290K

261 Audrey Ave, Waco

Purchase Price:$290,000

Cashflow:$333/mo

Cap Rate:7.22%

Short Term Rental

Austin Furnished STR Large Lot South Austin $440K

8517 Romney Rd, Austin

Purchase Price:$440,000

Cashflow:$894/mo

Cap Rate:8.28%

Long Term Rental

Waco New Construction Duplex $3,500/mo Near Baylor $395K

1536 Alexander Unit A & B, Waco

Purchase Price:$385,000

Cashflow:$154/mo

Cap Rate:6.32%

Long Term Rental

Austin Quadplex Inside 183 Loop $6,020/mo with Upside to $6,400 $725K

1900 Hearthside Dr, Austin

Purchase Price:$725,000

Cashflow:$423/mo

Cap Rate:6.54%

Long Term Rental

Austin Metro Quadplex 1% Rule Rare Find $500K

20700 Bonanza St, Lago Vista

Purchase Price:$500,000

Cashflow:$1,033/mo

Cap Rate:8.32%

Long Term Rental

Austin Househack or LTR Duplex $390k

1011 Chesapeake Dr, Austin

Purchase Price:$390,000

Cashflow:$52/mo

Cap Rate:5.56%

Mid Term Rental

Temple OFF-MARKET Short Term Rental $285k

3707 McCleland Creek Trl, Temple

Purchase Price:$285,000

Cashflow:$824/mo

Cap Rate:8.87%

Long Term Rental

Waco New Construction Duplex $330k

1321 Harrison Ave, Waco

Purchase Price:$330,000

Cashflow:$544/mo

Cap Rate:7.38%

Long Term Rental

Killeen Fully Occupied High Cashflow 12-Plex $895k

511 N Gilmer St, Killeen

Purchase Price:$895,000

Cashflow:$2,481/mo

Cap Rate:8.72%

Short Term Rental

Waco Turnkey OFF MARKET AirBnb $340k

2710 Cumberland Ave, Waco

Purchase Price:$340,000

Cashflow:$446/mo

Cap Rate:6.97%

My Crucial Tip To Purchase Investment Properties In Austin, TX.

My Crucial Tip to Rental property for sale in Austin

It is possible to find rental property for sale in Austin that can cashflow, but it typically requires a more creative management strategy. We have found there is demand for Rent By Room as well as mid- and short-term rentals, particularly in ETJ zoned areas. Property investors in Austin may need to think outside the box for rental success, which is why it can be so beneficial to work with s trusted investor-friendly real estate agent. We often find that seasoned property investors are reluctant to try these types of strategies, but we urge you to consider them. Once you get your head around what they involve, you open up a new realm of opportunities where markets favor a different approach. At the very least, explore their potential and we’re confident you’ll be impressed by the results.

Austin Investment performance and average price

Avg Purchase Price Avg Cap Rate Avg Cash on Cash Return Avg Cash Needed to close
Commercial 5+ units LTR 150k - 200k per door 0% - 4% 0%-4% (assumes 25% down payment) $60,000 per door
Short Term Rental (SFH) 450k - 550k 4% - 6% 4% - 7% $110,000 (furnished)
STR (2-4 Units) 175k - 250k per door 5% - 7% 5% - 8% $51,500 per door (furnished)
Long Term Rental (2-4 Units) 200k - 250k per door 0% - 4% 0% - 4% $60,000 per door
Long Term Rental (SFH) 375k - 425k 0% - 4% 0% - 2% $90,000
Househack (2-4 Units) 200k - 250k per door n/a n/a $13,000 per door
Househack (SFH) 400k - 550k n/a n/a $21,000

Frequently asked questions

I Am Ready to Invest. What Should Be My Next Step Toward Buying Rental property for sale in Austin?
We are thrilled that you are here! If you are exploring the possibility of investing in Rental property for sale in Austin, our team is waiting to hear from you. During your introductory consultation, we will chat about your goals, try to pin down your search criteria, and answer any questions you might have. We can also recommend our preferred lenders to begin the pre-approval process and get you ready to submit offers based on our findings in the local real estate market.
Do You Personally Invest in Rental property for sale in Austin and Other Markets?
Yes. Every member of our team is an active real estate investor. Victor acquires multiple properties annually, including Rental property for sale in Austin, with a portfolio that includes single-family homes, multi-family properties, and more. The strategies we recommend are the exact ones that we personally use.
How Many Clients Do You Work With Who Are Interested in Rental property for sale in Austin?
Currently, we keep our Active Investor list limited to 30 clients at a time. This way, we can ensure we can offer equal attention and a personalized experience for all. If you are working with us to seek Rental property for sale in Austin, we will review your file daily and deliver curated prospects aligned with your goals. We only work with engaged clients and aim for consistent communication.
Do You Work With Investors Looking for 5+ Units Rental property for sale in Austin?
Absolutely! We are happy to help clients who wish to purchase Rental property for sale in Austin that include 5+ unit multifamily buildings. However, we consider 2-4 units to be the gold standard for such endeavors. Cap rates have improved for these larger assets as interest rates have increased, so there are strong acquisition opportunities at present.
Is It Still Possible to Find Cash-Flowing Rental property for sale in Austin?
Yes, but it is crucial to adapt the strategy to the local market. This is where we come in, as we have a strong first-hand knowledge of local markets when exploring Rental property for sale in Austin. Let us do the work in comparing traditional long-term rentals versus short- or medium-term strategies to find the perfect approach in this location. We will align your acquisition of Rental property for sale in Austin with a management strategy that supports your income goals.
I Am an Out-of-State Investor. Can I Still Buy Rental property for sale in Austin?
Of course! In fact, many of our clients are based outside of Texas. We have honed an efficient system to support out-of-state investors with things like remote video walkthroughs, electronic document signing, and mobile notary services. We make it easy to purchase Rental property for sale in Austin with confidence from anywhere in the country with no need to travel.
How Many People Are on Your Team, and Will I Work With You Directly When Searching for Rental property for sale in Austin?
Our team consists of seven full-time professionals, including four investor-focused agents, a real estate analyst, and a closing coordinator. We are also supported by a professional network of trusted contractors and others who are crucial to the process, assisting with legal and tax consultancy, recommendations for improvements, and more. If you are pursuing Rental property for sale in Austin, you will work directly with Victor in the initial stages, but the full team will be at your disposal.
Are There Rental property for sale in Austin by Owner?
We are very experienced at tracking down Rental property for sale in Austin that are listed directly by the owners. These types of listing can occasionally offer unique opportunities, but you will need our help to perform due diligence and full legal compliance. Let us help you evaluate these opportunities to ensure they align with your investment goals.
Where Can I Find Cheap Rental property for sale in Austin?
The cheapest Rental property for sale in Austin are usually found in emerging neighborhoods, older subdivisions, or through off-market deals. These properties may require some light renovation, but they often present opportunities for robust long-term cash flow. Work with our team to identify undervalued assets that match your budget and offer strong returns.
Positive Cashflow in Appreciating Markets

Ready to invest in central Texas real estate?

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Positive Cashflow in Appreciating Markets

Ready to invest in central Texas real estate?

Schedule a call
Positive Cashflow in Appreciating Markets

Ready to invest in central Texas real estate?