








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 La Vernia at 184 Scenic Hills Drive, La Vernia, TX, 78121 offers a 8.94% rental yield on a $769,900 purchase with $5,736/mo rent. Total monthly income registers $5,736/mo, and a $3,768/mo payment leaves $261/mo available for distribution. Annual cash flow reaches $3,137/yr on $253,297 to close, and return on cash invested stands at 21.3% in year one. Equity gained on principal adds $4,968/yr while 5% annual appreciation supports $212,709 over five years. Portfolio math shows five-year ROI at 111.49% and total cumulative return in cash at $282,397. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,736/mo property income against a $3,768/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
4.73 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78121, La Vernia, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,910 (100%) |
| Owner Occupied HU | 4,904 (83.0%) |
| Renter Occupied HU | 669 (11.3%) |
| Vacant Housing Units | 337 ( 5.7%) |
| Median Home Value | $401,963 |
| Average Home Value | $415,649 |
Residential
5,818
Single Family
5,818
Multi-Family
0
Businesses
442
Date | Event | Price |
|---|---|---|
| 2025-06-22 | Price change | $769,900 |
| 2025-04-25 | Price change | $800,000 |
| 2025-04-14 | Price change | $825,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-26 | $11294.43 | 10.13% | $769,877 | 10.00% |
| 2023-06-26 | $10255.62 | -8.52% | $699,888 | 10.00% |
| 2022-06-26 | $11210.44 | 7.36% | $636,262 | 10.00% |



What's Special
Partially Finished,Pull Down Stairs
Listed by: Michael Fulmer • Fulmer Realty, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1847916
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.