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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% |
Rental property for sale in Burnet at 1110 Sherrard Street, Burnet, TX, 78611 priced at $265,000 converts $1,806/mo rent into after a $1,297/mo obligation. Total monthly income equals $1,806/mo. Return on cash invested prints 18.84% in year one, and rental yield reads 8.18% against a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation compiles into $73,215 by year five. Five-year ROI reaches 98.32% and total cumulative return in cash sums $86,367. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,806/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Single Family
Built in 1955
0.26 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 |
|---|---|---|
| 2024-10-22 | Price change | $265,000 |
| 2024-09-27 | Price change | $270,000 |
| 2024-08-31 | Listed for sale | $275,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $2538.25 | 13.84% | $184,945 | -14.17% |
| 2023-12-27 | $2229.75 | -35.58% | $215,480 | 27.94% |
| 2022-12-27 | $3461.12 | 18.81% | $168,424 | 21.21% |
Listed by: Diana Flores • Coldwell Banker Realty
Mls Name: HLMLS
Mls Provider:
Mls ID: #170142
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.
