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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 Hewitt at 1231 Radisson Dr, Hewitt, TX, 76643 offers a 10.04% rental yield on a $375,000 purchase with $3,137/mo rent. Total monthly income registers $3,137/mo, and a $1,835/mo payment leaves $344/mo available for distribution. Annual cash flow reaches $4,130/yr on $124,313 to close, and return on cash invested stands at 23.23% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 122.34% and total cumulative return in cash at $152,079. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,137/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76643, Hewitt, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,247 (100%) |
| Owner Occupied HU | 4,500 (72.0%) |
| Renter Occupied HU | 1,579 (25.3%) |
| Vacant Housing Units | 168 ( 2.7%) |
| Median Home Value | $289,685 |
| Average Home Value | $306,717 |
Residential
6,299
Single Family
5,743
Multi-Family
556
Businesses
518
Date | Event | Price |
|---|---|---|
| 2025-06-16 | Price change | $375,000 |
| 2025-05-28 | Price change | $399,900 |
| 2025-05-21 | Price change | $405,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-17 | $7744.79 | 6.67% | $401,750 | 7.58% |
| 2023-06-17 | $7260.41 | 49.63% | $373,430 | 35.00% |
| 2022-06-17 | $4852.19 | -0.42% | $276,606 | 10.00% |
Listed by: Lindsey Wachsmann • Bramlett Partners
Mls Name: NTREIS
Mls ID: #20971652
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.
