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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 Morgans Pt Resort at 12 Catalpa Ct, Morgans Pt Resort, TX, 76513 with 5% annual appreciation on a $255,000 basis while $1,743/mo rent supports operations. 91% in year one. Equity gained on principal adds $1,645/yr, and five-year appreciation sums $70,452 alongside rental yield of 8.2%. Five-year ROI measures 98.7% and total cumulative return in cash totals $83,432. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,743/mo property income versus a $1,248/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1979
7,927 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76513, Belton, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,497 (100%) |
| Owner Occupied HU | 12,076 (65.3%) |
| Renter Occupied HU | 5,158 (27.9%) |
| Vacant Housing Units | 1,263 ( 6.8%) |
| Median Home Value | $336,211 |
| Average Home Value | $377,275 |
Residential
18,034
Single Family
15,946
Multi-Family
2,088
Businesses
1,278
Date | Event | Price |
|---|---|---|
| 2025-05-04 | Listed for sale | $255,000 |
| 2008-03-28 | Listing removed | $100,000 |
| 2007-11-14 | Listed for sale | $100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-12 | $2621.73 | 21.62% | $219,226 | 35.66% |
| 2023-05-12 | $2155.65 | -22.57% | $161,604 | 10.00% |
| 2022-05-12 | $2784.07 | N/A | $146,913 | 10.00% |
Listed by: Rebecca Judkins • RE/MAX Temple-Belton
Mls Name: NTREIS
Mls ID: #20932735
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.
