








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 Keene at 117 Cheryl Dr, Keene, TX, 76059 offers a 9.54% rental yield on a $350,000 purchase with $2,782/mo rent. Total monthly income registers $2,782/mo, and a $1,713/mo payment leaves $9/mo available for distribution. Annual cash flow reaches $108/yr on $116,025 to close, and return on cash invested stands at 20% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 105.59% and total cumulative return in cash at $122,510. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,782/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
6,011 sqft lot
$N/A/sqft
$250 annually HOA
Neighborhood data shown for ZIP Code: 76059, Keene, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,820 (100%) |
| Owner Occupied HU | 874 (48.0%) |
| Renter Occupied HU | 759 (41.7%) |
| Vacant Housing Units | 187 (10.3%) |
| Median Home Value | $263,372 |
| Average Home Value | $342,305 |
Residential
1,741
Single Family
1,594
Multi-Family
147
Businesses
147
Date | Event | Price |
|---|---|---|
| 2024-11-27 | Listed for sale | $350,000 |
| 2024-08-01 | Listing removed | N/A |
| 2024-07-12 | Listed for sale | $349,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $327,400 | -13.68% |
| 2023-02-12 | $8970.58 | 31.66% | $379,281 | 40.17% |
| 2022-02-12 | $6813.45 | 647.30% | $270,578 | 673.08% |



Listed by: Bridgett Smith • Keller Williams Heritage West
Mls Name: NTREIS
Mls ID: #20786926
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.