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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 107 N Vandeveer Street, Burnet, TX, 78611 at $299,000 posts ROI 17.42% with from $1,920/mo rent. Total monthly income equals $1,920/mo. Return on cash invested measures 17.42% and rental yield reads 7.71% at the current $299,000. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 by year five. Five-year ROI prints 90.73% and total cumulative return in cash totals $89,926. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,920/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1999
4,791 sqft 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 |
|---|---|---|
| 2024-12-09 | Price change | $299,000 |
| 2024-10-23 | Price change | $314,000 |
| 2024-09-14 | Listed for sale | $315,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $3421.07 | 12.78% | $232,805 | 10.00% |
| 2023-12-27 | $3033.31 | -14.04% | $211,641 | 10.00% |
| 2022-12-27 | $3528.79 | 3.90% | $192,401 | 10.00% |
Listed by: Kelsie Warner • eXp Realty, LLC
Mls Name: HLMLS
Mls Provider:
Mls ID: #169219
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.
