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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 1145 Longhorn Drive, Burnet, TX, 78611 with 5% annual appreciation on a $715,000 basis while $3,228/mo rent supports operations. 43% in year one. Equity gained on principal adds $4,614/yr, and five-year appreciation sums $197,541 alongside rental yield of 5.42%. Five-year ROI measures 53.29% and total cumulative return in cash totals $125,361. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,228/mo property income versus a $3,500/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2008
10 Acres lot
$N/A/sqft
$360 annually 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 |
|---|---|---|
| 2025-04-16 | Listed for sale | $715,000 |
| 2024-07-31 | Listing removed | $899,000 |
| 2024-03-20 | Price change | $899,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-16 | $10757.12 | -0.19% | $873,498 | N/A |
| 2023-04-16 | $10777.21 | -4.89% | $873,498 | 11.15% |
| 2022-04-16 | $11331.05 | 9.85% | $785,841 | 13.01% |
Listed by: Jason James • Jesse James Real Estate
Mls Name: HLMLS
Mls Provider:
Mls ID: #172921
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.
