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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 Luling at 1408 Armstrong St, Luling, TX, 78648 generates $2,250/mo in rent and, after a $1,346/mo payment, leaves $294/mo in cash flow. Total monthly income is $2,250/mo, and annual cash flow is $3,533/yr on $91,163 invested. Return on cash invested sits at 23.78% in year one, and rental yield is 9.82% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 124.87% and total cumulative return in cash sums $113,831. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,250/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
9,748 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78648, Luling, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,660 (100%) |
| Owner Occupied HU | 2,199 (60.1%) |
| Renter Occupied HU | 1,020 (27.9%) |
| Vacant Housing Units | 441 (12.0%) |
| Median Home Value | $230,417 |
| Average Home Value | $257,386 |
Residential
3,179
Single Family
3,012
Multi-Family
167
Businesses
325
Date | Event | Price |
|---|---|---|
| 2024-12-27 | Listed for sale | $275,000 |
| 2020-03-17 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $240,360 | -4.48% |
| 2023-02-13 | $4472.13 | -3.96% | $251,640 | 12.66% |
| 2022-02-13 | $4656.37 | 16.19% | $223,370 | 37.67% |
What's Special
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Listed by: Ginger Robbins • Riata Real Estate
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #565487
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.
