








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 Coleman at 1215 Austin St, Coleman, TX, 76834 priced at $249,000 converts $1,140/mo rent into after a $1,219/mo obligation. Total monthly income equals $1,140/mo. Return on cash invested prints 10.74% in year one, and rental yield reads 5.49% against a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation compiles into $68,794 by year five. Five-year ROI reaches 54.92% and total cumulative return in cash sums $45,332. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,140/mo property income covering a $1,219/mo payment, not borrower’s personal income.
Single Family
Built in 1967
0.88 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-02-02 | Price change | $249,000 |
| 2024-12-12 | Price change | $269,000 |
| 2024-11-13 | Listed for sale | $275,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $1470.31 | -23.35% | $121,700 | N/A |
| 2022-02-13 | $1918.10 | 1.16% | $121,700 | N/A |
| 2021-02-13 | $1896.03 | N/A | $121,700 | N/A |



Listed by: Stephanie Garner • Ranch Realty of Texas
Mls Name: NTREIS
Mls ID: #20776959
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