








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 Lampasas at 1415 CR 111, Lampasas, TX, 76550 listed at $579,000 pairs $2,191/mo rent with a $2,834/mo payment. Total monthly income runs $2,191/mo. Return on cash invested measures 7.92% in year one, and rental yield registers 4.54% at a $579,000 basis. Equity gained on principal adds $3,736/yr, and annual property appreciation at 5% supports $159,967 by year five. Five-year ROI tracks 39.77% and total cumulative return in cash totals $75,751. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,191/mo property income relative to a $2,834/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
4.98 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76550, Lampasas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,182 (100%) |
| Owner Occupied HU | 3,845 (62.2%) |
| Renter Occupied HU | 1,578 (25.5%) |
| Vacant Housing Units | 759 (12.3%) |
| Median Home Value | $259,364 |
| Average Home Value | $348,955 |
Residential
5,631
Single Family
5,454
Multi-Family
177
Businesses
629
Date | Event | Price |
|---|---|---|
| 2025-02-07 | Listed for sale | $579,000 |
| 2019-09-20 | Sold | N/A |
| 2019-07-19 | Listed for sale | $349,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $1643.38 | 2.98% | $458,697 | 10.00% |
| 2023-02-13 | $1595.79 | 1.94% | $416,997 | 10.00% |
| 2022-02-13 | $1565.35 | 0.32% | $379,088 | 10.00% |



Listed by: Audrey Bear • Bear Real Estate Services
Mls Name: HLMLS
Mls Provider:
Mls ID: #171902
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.