






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 Cedar Creek at 144 Boondoggle Rdg, Cedar Creek, TX, 78612 listed at $329,180 pairs $2,760/mo rent with a $1,611/mo payment to leave $419/mo cash flow. Total monthly income runs $2,760/mo, and annual cash flow reaches $5,032/yr on $109,123 cash to close. Return on cash invested measures 24.52% in year one, and rental yield registers 10.06% at a $329,180 basis. Equity gained on principal adds $2,124/yr, and annual property appreciation at 5% supports $90,946 by year five. Five-year ROI tracks 128.81% and total cumulative return in cash totals $140,561. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,760/mo property income relative to a $1,611/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
6,708 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78612, Cedar Creek, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,349 (100%) |
| Owner Occupied HU | 4,793 (75.5%) |
| Renter Occupied HU | 1,142 (18.0%) |
| Vacant Housing Units | 414 ( 6.5%) |
| Median Home Value | $347,251 |
| Average Home Value | $411,581 |
Residential
6,245
Single Family
6,245
Multi-Family
0
Businesses
273
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: Patrick McGrath • Meritage Homes Realty
Mls Name: Unlock MLS
Mls ID: #1029661