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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 Harker Heights at 1160 Mildred Lee Ln, Harker Heights, TX, 76548 offers a 8.4% rental yield on a $299,900 purchase with $2,100/mo rent. 51% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 101.98% and total cumulative return in cash at $101,380. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,100/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76548, Harker Heights, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,452 (100%) |
| Owner Occupied HU | 7,793 (57.9%) |
| Renter Occupied HU | 4,954 (36.8%) |
| Vacant Housing Units | 705 ( 5.2%) |
| Median Home Value | $305,751 |
| Average Home Value | $308,017 |
Residential
12,589
Single Family
12,008
Multi-Family
581
Businesses
970
Date | Event | Price |
|---|---|---|
| 2024-08-02 | Listed for sale | $299,900 |
| 2024-06-19 | Pending sale | $299,900 |
| 2024-06-04 | Listed for sale | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-16 | $3507.14 | 1.57% | $195,148 | 16.50% |
| 2022-08-16 | $3452.76 | N/A | $167,511 | 28.04% |
| 2021-08-16 | N/A | N/A | $130,824 | 6.83% |
Listed by: Raye Mayhorn • Realty Executives Of Killeen
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #546199
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.
