








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 Morgans Pt Resort at 15 Shetland Dr, Morgans Pt Resort, TX, 76513 offers $2,770/mo rent that, after a $2,031/mo payment. Total monthly income is $2,770/mo. Return on cash invested measures 18.06% in year one, and rental yield stands at 8.01% at a $415,000 entry. Equity gained on principal adds $2,678/yr while 5% annual appreciation compounds into $114,657 by year five. Five-year ROI records 94.26% and total cumulative return in cash reaches $129,681. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,770/mo property income versus a $2,031/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76513, Belton, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,497 (100%) |
| Owner Occupied HU | 12,076 (65.3%) |
| Renter Occupied HU | 5,158 (27.9%) |
| Vacant Housing Units | 1,263 ( 6.8%) |
| Median Home Value | $336,211 |
| Average Home Value | $377,275 |
Residential
18,034
Single Family
15,946
Multi-Family
2,088
Businesses
1,278
Date | Event | Price |
|---|---|---|
| 2025-04-04 | Listed for sale | $415,000 |
| 2017-08-31 | Sold | N/A |
| 2017-07-14 | Price change | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-15 | $7258.68 | 16.66% | $410,968 | 14.06% |
| 2023-04-15 | $6222.29 | -9.36% | $360,309 | 10.00% |
| 2022-04-15 | $6864.97 | N/A | $327,554 | 10.00% |



Listed by: Lacy Brejcha • All City Real Estate Ltd. Co
Mls Name: NTREIS
Mls ID: #20901220
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.