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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 Bastrop at 148 Milam Ln, Bastrop, TX, 78602 at $575,000 posts ROI 9.35% with from $2,400/mo rent. Total monthly income equals $2,400/mo. Return on cash invested measures 9.35% and rental yield reads 5.01% at the current $575,000. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,862 by year five. Five-year ROI prints 47.41% and total cumulative return in cash totals $89,687. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,400/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1966
9.87 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78602, Bastrop, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,506 (100%) |
| Owner Occupied HU | 11,642 (70.5%) |
| Renter Occupied HU | 3,542 (21.5%) |
| Vacant Housing Units | 1,322 ( 8.0%) |
| Median Home Value | $347,719 |
| Average Home Value | $396,837 |
Residential
14,020
Single Family
13,017
Multi-Family
1,003
Businesses
1,232
Date | Event | Price |
|---|---|---|
| 2024-04-03 | Price change | $575,000 |
| 2024-02-18 | Price change | $599,900 |
| 2024-01-25 | Price change | $699,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2018-02-13 | $10.51 | N/A | $495 | N/A |
| 2017-02-13 | N/A | N/A | $495 | -88.76% |
| 2016-02-13 | N/A | N/A | $4,404 | N/A |
Listed by: Chris Beckett Broker Owner CRS GRI ASR e-Pro • Pine & Beckett - Chris Beckett
Mls Name: PBBR
Mls Provider:
Mls ID: #50060474
Disclaimer: All information provided is deemed reliable but is not guaranteed and should be independently verified.
