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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 Burnet at 164 Thomas Ridge Road, Burnet, TX, 78611 offers a 4.39% rental yield on a $525,000 purchase with $1,920/mo rent. 46% in year one. Equity gained on principal adds $3,388/yr while 5% annual appreciation supports $145,048 over five years. Portfolio math shows five-year ROI at 37.29% and total cumulative return in cash at $64,401. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,920/mo property income against a $2,570/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
2.63 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78611, Burnet, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,970 (100%) |
| Owner Occupied HU | 5,024 (63.0%) |
| Renter Occupied HU | 1,421 (17.8%) |
| Vacant Housing Units | 1,525 (19.1%) |
| Median Home Value | $359,337 |
| Average Home Value | $468,828 |
Residential
6,767
Single Family
6,650
Multi-Family
117
Businesses
692
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Julie M Perry • Thrive Realty
Mls Name: HLMLS
Mls ID: #174903
