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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% |
Rental property for sale in Burnet at 1303 Adam Avenue, Burnet, TX, 78611 generates $2,726/mo in rent, after a $1,879/mo payment. Total monthly income is $2,726/mo. Return on cash invested sits at 19.16% in year one, and rental yield is 8.52% on a $384,000 entry. Equity gained on principal adds $2,478/yr, while 5% annual appreciation builds toward $106,092 over five years. Five-year ROI reaches 100.29% and total cumulative return in cash sums $127,664. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,726/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
0.31 Acres lot
$N/A/sqft
$120 annually HOA
Neighborhood data shown for ZIP Code: 78611, Burnet, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,970 (100%) |
| Owner Occupied HU | 5,024 (63.0%) |
| Renter Occupied HU | 1,421 (17.8%) |
| Vacant Housing Units | 1,525 (19.1%) |
| Median Home Value | $359,337 |
| Average Home Value | $468,828 |
Residential
6,767
Single Family
6,650
Multi-Family
117
Businesses
692
Date | Event | Price |
|---|---|---|
| 2025-01-15 | Listed for sale | $384,000 |
| 2024-10-09 | Listing removed | $382,500 |
| 2024-09-19 | Price change | $393,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $7158.16 | -0.12% | $388,060 | N/A |
| 2023-02-13 | $7167.08 | 6.07% | $388,060 | 18.02% |
| 2022-02-13 | $6757.01 | 23.59% | $328,808 | 26.08% |
Listed by: Sandy Greer • All City Real Estate Ltd. Co
Mls Name: HLMLS
Mls Provider:
Mls ID: #171546
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.
