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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 1318 Contour Dr, Burnet, TX, 78611 listed at $799,000 pairs $1,434/mo rent with a $3,911/mo payment. Total monthly income runs $1,434/mo. Return on cash invested measures 0.67% in year one, and rental yield registers 2.15% at a $799,000 basis. Equity gained on principal adds $5,156/yr, and annual property appreciation at 5% supports $220,749 by year five. Five-year ROI tracks 0.84% and total cumulative return in cash totals $2,214. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,434/mo property income relative to a $3,911/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
6,098 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-04-24 | Listed for sale | $799,000 |
| 2022-05-27 | Sold | N/A |
| 2022-04-20 | Pending sale | $850,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-25 | $10327.41 | -2.39% | $838,605 | -2.21% |
| 2023-04-25 | $10580.37 | 30.48% | $857,544 | 52.48% |
| 2022-04-25 | $8109.02 | 39.28% | $562,384 | 43.29% |
Listed by: Nathaniel Dominguez • Compass RE Texas, LLC
Mls Name: HLMLS
Mls Provider:
Mls ID: #173049
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.
