








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 Red Rock at 150 Carissa Ln, Red Rock, TX, 78662 earns $833/mo cash flow from $2,326/mo rent with a $1,028/mo payment. Total monthly income totals $2,326/mo, and annual cash flow totals $9,990/yr on $69,615 capital. ROI tracks 34.26% on current figures, and rental yield reads 13.29% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 181.03% and total cumulative return in cash sums $126,028. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,326/mo property income instead of your personal income.
Single Family
Built in 2001
2.74 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78662, Red Rock, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,291 (100%) |
| Owner Occupied HU | 952 (73.7%) |
| Renter Occupied HU | 201 (15.6%) |
| Vacant Housing Units | 138 (10.7%) |
| Median Home Value | $335,740 |
| Average Home Value | $378,747 |
Residential
1,012
Single Family
1,012
Multi-Family
0
Businesses
55
Date | Event | Price |
|---|---|---|
| 2024-08-23 | Listed for sale | $210,000 |
| 2006-02-08 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-26 | N/A | N/A | $108,598 | 10.00% |
| 2022-08-26 | $1213.57 | -12.04% | $98,725 | 10.00% |
| 2021-08-26 | $1379.61 | 7.54% | $89,750 | 10.00% |



Listed by: Bryan Williams • Compass RE Texas, LLC
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #6712192
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2024-08-25 22:52:53 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_27)