Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Carmine at 1620 W Us Highway 290, Carmine, TX, 78932 listed at $495,000 pairs $2,395/mo rent with a $2,423/mo payment. Total monthly income runs $2,395/mo. Return on cash invested measures 11.68% in year one, and rental yield registers 5.81% at a $495,000 basis. Equity gained on principal adds $3,194/yr, and annual property appreciation at 5% supports $136,759 by year five. Five-year ROI tracks 59.92% and total cumulative return in cash totals $98,326. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,395/mo property income relative to a $2,423/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78932, Carmine, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 596 (100%) |
| Owner Occupied HU | 331 (55.5%) |
| Renter Occupied HU | 63 (10.6%) |
| Vacant Housing Units | 202 (33.9%) |
| Median Home Value | $343,182 |
| Average Home Value | $506,352 |
Residential
380
Single Family
380
Multi-Family
0
Businesses
42
Date | Event | Price |
|---|---|---|
| 2024-11-02 | Listed for sale | $495,000 |
| 2024-02-22 | Listing removed | N/A |
| 2023-12-13 | Listed for sale | $449,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $330,840 | 50.22% |
| 2023-02-12 | $2627.52 | 12.89% | $220,230 | 30.23% |
| 2022-02-12 | $2327.41 | 4.48% | $169,110 | 8.70% |
Listed by: Lisa Mayer • Round Top Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #9177638
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively 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. Information is deemed reliable but not guaranteed.
