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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 Poteet at 11362 N State Highway 16, Poteet, TX, 78065 generates $1,632/mo in rent, after a $1,713/mo payment. Total monthly income is $1,632/mo. Return on cash invested sits at 11.05% in year one, and rental yield is 5.6% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 56.55% and total cumulative return in cash sums $65,618. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,632/mo property income rather than buyer’s personal income.
Manufactured
Built in 2022
11.77 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78065, Poteet, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,921 (100%) |
| Owner Occupied HU | 3,455 (70.2%) |
| Renter Occupied HU | 877 (17.8%) |
| Vacant Housing Units | 589 (12.0%) |
| Median Home Value | $151,493 |
| Average Home Value | $206,507 |
Residential
3,614
Single Family
3,580
Multi-Family
34
Businesses
119
Date | Event | Price |
|---|---|---|
| 2024-08-05 | Price change | $350,000 |
| 2024-03-13 | Price change | $390,000 |
| 2024-01-06 | Listed for sale | $400,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | N/A | N/A | $65,980 | 0.64% |
| 2023-10-23 | $1109.11 | 11.82% | $65,560 | 19.79% |
| 2022-10-23 | $991.85 | N/A | $54,730 | N/A |
Listed by: Pura Esquivel • Coldwell Banker D'Ann Harper
Mls Name: SABOR
Mls Provider:
Mls ID: #1742710
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.
