








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Spring Branch at 1005 COVERED WAGON, Spring Branch, TX, 78070 priced at $293,999 pairs $4,062/mo rent with $1,967/mo cash flow after a $1,439/mo payment. Total monthly income equals $4,062/mo, and annual cash flow comes to $23,606/yr on $97,461 invested. Return on cash invested is 44.13% in year one, and rental yield stands at 16.58% on a $293,999 basis. Equity gained on principal adds $1,897/yr, and 5% annual appreciation accumulates to $81,227 by year five. Five-year ROI measures 233.99% and total cumulative return in cash reaches $228,048. For financing, Ziffy Mortgage’s DSCR program evaluates $4,062/mo property income against a $1,439/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
0.27 Acres lot
$N/A/sqft
$50 annually HOA
Neighborhood data shown for ZIP Code: 78070, Spring Branch, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,971 (100%) |
| Owner Occupied HU | 8,394 (84.2%) |
| Renter Occupied HU | 885 ( 8.9%) |
| Vacant Housing Units | 692 ( 6.9%) |
| Median Home Value | $596,751 |
| Average Home Value | $695,534 |
Residential
9,272
Single Family
8,986
Multi-Family
286
Businesses
618
Date | Event | Price |
|---|---|---|
| 2024-08-07 | Price change | $293,999 |
| 2024-07-13 | Listed for sale | $296,999 |
| 2024-07-01 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $2925.36 | 439.50% | $195,840 | 510.28% |
| 2022-08-14 | $542.24 | 142.87% | $32,090 | 156.72% |
| 2021-08-14 | $223.26 | 100.50% | $12,500 | 100.00% |



Listed by: Daniel Cuevas • Bray Real Estate Group
Mls Name: SABOR
Mls Provider:
Mls ID: #1792675
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.