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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 Burnet at 1304 Lakeway, Burnet, TX, 78611 offers a 7.65% rental yield on a $224,900 purchase with $1,434/mo rent. 11% in year one. Equity gained on principal adds $1,451/yr while 5% annual appreciation supports $62,136 over five years. Portfolio math shows five-year ROI at 89.16% and total cumulative return in cash at $66,469. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,434/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
10,558 sqft lot
$N/A/sqft
$100 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 |
|---|---|---|
| 2025-01-17 | Price change | $224,900 |
| 2024-12-03 | Listed for sale | $229,900 |
| 2024-09-30 | Listing removed | $234,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $3495.79 | 167.43% | $267,611 | 168.10% |
| 2023-02-13 | $1307.20 | 53.09% | $99,817 | 17.38% |
| 2022-02-13 | $853.87 | -8.41% | $85,040 | 10.00% |
Listed by: J.R. Nelson • Chanan Corp
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #563887
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. 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. Copyright 2025 Central Texas MLS, All Rights Reserved.
