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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 Spring Branch at 1616 Rimrock Cv, Spring Branch, TX, 78070 with 5% annual appreciation on a $300,000 basis while $2,244/mo rent supports operations. Total monthly income totals $2,244/mo and a $1,468/mo payment preserves $11/mo for cash returns. Annual cash flow comes to $132/yr on $99,450 deployed, and return on cash invested reaches 20.04% in year one. Equity gained on principal adds $1,936/yr, and five-year appreciation sums $82,884 alongside rental yield of 8.98%. Five-year ROI measures 105.19% and total cumulative return in cash totals $104,616.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,244/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
10,463 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood data shown for ZIP Code: 78070, Spring Branch, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,971 (100%) |
| Owner Occupied HU | 8,394 (84.2%) |
| Renter Occupied HU | 885 ( 8.9%) |
| Vacant Housing Units | 692 ( 6.9%) |
| Median Home Value | $596,751 |
| Average Home Value | $695,534 |
Residential
9,272
Single Family
8,986
Multi-Family
286
Businesses
618
Date | Event | Price |
|---|---|---|
| 2024-11-27 | Listed for sale | $300,000 |
| 2023-03-24 | Sold | N/A |
| 2022-11-21 | Pending sale | $279,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $344,080 | 149.73% |
| 2023-12-27 | $2058.09 | 157.88% | $137,780 | 191.72% |
| 2022-12-27 | $798.08 | 169.67% | $47,230 | 185.03% |
What's Special
Pull Down Stairs
Listed by: Louise Baumann • Running S Realty, LLC
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #563679
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. 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. Copyright 2024 Central Texas MLS, All Rights Reserved.
