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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 Bandera at 183 S Pecan Way, Bandera, TX, 78003 priced at $395,000 converts $2,939/mo rent into $130/mo cash flow after a $1,933/mo obligation. Total monthly income equals $2,939/mo, and annual cash flow totals $1,565/yr on $130,943 invested. Return on cash invested prints 21.1% in year one, and rental yield reads 8.93% against a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation compiles into $109,131 by year five. Five-year ROI reaches 110.48% and total cumulative return in cash sums $144,666. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,939/mo property income covering a $1,933/mo payment, not borrower’s personal income.
Single Family
Built in 1980
2.59 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78003, Bandera, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,611 (100%) |
| Owner Occupied HU | 3,748 (66.8%) |
| Renter Occupied HU | 736 (13.1%) |
| Vacant Housing Units | 1,127 (20.1%) |
| Median Home Value | $274,510 |
| Average Home Value | $383,783 |
Residential
3,940
Single Family
3,864
Multi-Family
76
Businesses
460
Date | Event | Price |
|---|---|---|
| 2024-12-06 | Price change | $395,000 |
| 2024-11-12 | Price change | $427,500 |
| 2024-10-04 | Price change | $430,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $240,230 | 10.00% |
| 2023-12-27 | $578.98 | -60.84% | $218,391 | 10.00% |
| 2022-12-27 | $1478.52 | N/A | $198,537 | 10.00% |
Listed by: Morgan Meyer • eXp Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1798327
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.
