








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 Lexington at 1308 Sherrill Ln, Lexington, TX, 78947 offers a 4.29% rental yield on a $519,900 purchase with $1,860/mo rent. 17% in year one. Equity gained on principal adds $3,355/yr while 5% annual appreciation supports $143,639 over five years. Portfolio math shows five-year ROI at 35.71% and total cumulative return in cash at $61,084. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,860/mo property income against a $2,545/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
10 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78947, Lexington, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,373 (100%) |
| Owner Occupied HU | 1,723 (72.6%) |
| Renter Occupied HU | 320 (13.5%) |
| Vacant Housing Units | 330 (13.9%) |
| Median Home Value | $321,442 |
| Average Home Value | $408,247 |
Residential
1,818
Single Family
1,794
Multi-Family
24
Businesses
141
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jessica Bruehl • Keller Williams Realty
Mls Name: Unlock MLS
Mls ID: #2110018