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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% |
Rental property for sale in Canyon Lake at 1729 sorrel creek, Canyon Lake, TX, 78133 priced at $900,000 converts $3,840/mo rent into after a $4,405/mo obligation. Total monthly income equals $3,840/mo. Return on cash invested prints 9.69% in year one, and rental yield reads 5.12% against a $900,000 entry. Equity gained on principal adds $5,808/yr, while 5% annual appreciation compiles into $248,653 by year five. Five-year ROI reaches 49.19% and total cumulative return in cash sums $145,656. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,840/mo property income covering a $4,405/mo payment, not borrower’s personal income.
Single Family
Built in 2006
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78133, Canyon Lake, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,329 (100%) |
| Owner Occupied HU | 8,320 (67.5%) |
| Renter Occupied HU | 1,369 (11.1%) |
| Vacant Housing Units | 2,640 (21.4%) |
| Median Home Value | $475,760 |
| Average Home Value | $540,572 |
Residential
11,204
Single Family
11,203
Multi-Family
1
Businesses
655
Date | Event | Price |
|---|---|---|
| 2024-08-16 | Listed for sale | $900,000 |
| 2022-04-25 | Listing removed | N/A |
| 2022-04-03 | Pending sale | $675,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $6412.38 | -15.72% | $429,990 | -4.85% |
| 2022-08-30 | $7607.98 | 23.64% | $451,930 | 31.83% |
| 2021-08-30 | $6153.40 | 10.23% | $342,820 | 9.98% |
Listed by: Sterling Williams • Real
Mls Name: SABOR
Mls Provider:
Mls ID: #1801540
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.
