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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 Center Point at 135 Feather Ridge Rd, Center Point, TX, 78010 priced at $615,000 converts $2,274/mo rent into after a $3,010/mo obligation. Total monthly income equals $2,274/mo. Return on cash invested prints 7.61% in year one, and rental yield reads 4.44% against a $615,000 entry. Equity gained on principal adds $3,969/yr, while 5% annual appreciation compiles into $169,913 by year five. Five-year ROI reaches 38.07% and total cumulative return in cash sums $77,033. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,274/mo property income covering a $3,010/mo payment, not borrower’s personal income.
Manufactured
Built in 1995
30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78010, Center Point, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,533 (100%) |
| Owner Occupied HU | 1,041 (67.9%) |
| Renter Occupied HU | 294 (19.2%) |
| Vacant Housing Units | 198 (12.9%) |
| Median Home Value | $366,009 |
| Average Home Value | $610,776 |
Residential
1,091
Single Family
1,091
Multi-Family
0
Businesses
95
Date | Event | Price |
|---|---|---|
| 2025-06-06 | Price change | $615,000 |
| 2025-05-01 | Price change | $650,000 |
| 2024-10-09 | Listed for sale | $675,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-09 | $918.74 | -1.39% | $171,819 | N/A |
| 2023-06-09 | $931.70 | 7.83% | $171,819 | 4.99% |
| 2022-06-09 | $864.08 | 9.90% | $163,653 | N/A |
What's Special
None
Listed by: Rebecca McFadden • RE/MAX Kerrville
Mls Name: SABOR
Mls Provider:
Mls ID: #1873937
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.
