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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 Spring Branch at 111 Peppergrass Dr, Spring Branch, TX, 78070 listed at $855,000 pairs $5,459/mo rent with a $4,185/mo payment. Total monthly income runs $5,459/mo. Return on cash invested measures 17.26% in year one, and rental yield registers 7.66% at a $855,000 basis. Equity gained on principal adds $5,517/yr, and annual property appreciation at 5% supports $236,221 by year five. Five-year ROI tracks 89.9% and total cumulative return in cash totals $252,871. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,459/mo property income relative to a $4,185/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2010
3.50 Acres lot
$N/A/sqft
$414 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 |
|---|---|---|
| 2024-08-08 | Price change | $855,000 |
| 2024-06-23 | Listed for sale | $865,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $3699.04 | -36.31% | $629,190 | 10.00% |
| 2022-08-14 | $5807.63 | 0.01% | $571,991 | 10.00% |
| 2021-08-14 | $5807.04 | 0.80% | $519,992 | 10.00% |
Listed by: Betty Coleman • Canyon Land Company
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #545672
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. 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. Copyright 2024 Central Texas MLS, All Rights Reserved.
