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Austin STR Compound $240K Annualized | $1.15M

6117 Richardson Ln, Austin
ROI
37.42% IRR
Strategy
Short Term Rental
$240K is the annualized revenue based on five months of operating data, despite launching in February and completing the pool and backyard upgrades this spring. You get two houses on two legal parcels, with the setup moving from 7 guest bedrooms to the full 9 bedrooms once the remaining family belongings are removed. The seller will offer seller-financing with $250K down, 7% interest, and a 5-year balloon. Ideal for an STR investor looking to scale into a larger Austin property; ask me for the operating data and seller-financing details.

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Austin STR Compound $240K Annualized | $1.15M

Listed 08/26/2026

6117 Richardson Ln, Austin

Purchase Price:$1,150,000

Cash Outlay:$310,500

Cashflow:$5,257/mo

Cap Rate:11.32%

IRR:37.42%

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