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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Burnet at 100 Wallace Riddell Drive, Burnet, TX, 78611 at $725,000 posts ROI 12.34% with from $3,622/mo rent. Total monthly income equals $3,622/mo. Return on cash invested measures 12.34% and rental yield reads 6% at the current $725,000. Equity gained on principal adds $4,678/yr, and 5% annual appreciation supports $200,304 by year five. Five-year ROI prints 63.45% and total cumulative return in cash totals $151,337. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,622/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2000
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78611, Burnet, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,970 (100%) |
| Owner Occupied HU | 5,024 (63.0%) |
| Renter Occupied HU | 1,421 (17.8%) |
| Vacant Housing Units | 1,525 (19.1%) |
| Median Home Value | $359,337 |
| Average Home Value | $468,828 |
Residential
6,767
Single Family
6,650
Multi-Family
117
Businesses
692
Date | Event | Price |
|---|---|---|
| 2025-01-31 | Listed for sale | $725,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $4703.06 | -0.16% | $635,910 | 10.00% |
| 2023-02-13 | $4710.65 | -33.34% | $578,100 | 10.00% |
| 2022-02-13 | $7066.47 | -0.03% | $525,545 | 10.00% |
What's Special
Improved Attic
Listed by: Ruth Reed • Our House Real Estate, LLC
Mls Name: HLMLS
Mls Provider:
Mls ID: #171736
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
