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% |
Rental property for sale in Woodway at 1902 Casual Cir, Woodway, TX, 76712 priced at $298,500 converts $2,896/mo rent into $473/mo cash flow after a $1,461/mo obligation. Total monthly income equals $2,896/mo, and annual cash flow totals $5,680/yr on $98,953 invested. Return on cash invested prints 25.65% in year one, and rental yield reads 11.64% against a $298,500 entry. Equity gained on principal adds $1,926/yr, while 5% annual appreciation compiles into $82,470 by year five. Five-year ROI reaches 136.17% and total cumulative return in cash sums $134,745. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,896/mo property income covering a $1,461/mo payment, not borrower’s personal income.
Single Family
Built in 2004
2,718 sqft lot
$N/A/sqft
$300 monthly HOA
Neighborhood data shown for ZIP Code: 76712, Woodway, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,159 (100%) |
| Owner Occupied HU | 7,758 (63.8%) |
| Renter Occupied HU | 3,664 (30.1%) |
| Vacant Housing Units | 737 ( 6.1%) |
| Median Home Value | $345,561 |
| Average Home Value | $391,016 |
Residential
12,041
Single Family
10,323
Multi-Family
1,718
Businesses
1,182
Date | Event | Price |
|---|---|---|
| 2024-08-02 | Listed for sale | $298,500 |
| 2023-05-26 | Listing removed | N/A |
| 2023-03-30 | Pending sale | $289,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $2624.31 | 5.28% | $259,918 | 10.00% |
| 2022-08-31 | $2492.61 | -11.66% | $236,289 | 10.00% |
| 2021-08-31 | $2821.65 | N/A | $214,808 | 10.00% |
Listed by: Lisa Monroe • The Triliji Group
Mls Name: WMLS
Mls Provider:
Mls ID: #224700
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided 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 deemed reliable but not guaranteed. Copyright 2024 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2024-08-31 04:28:25 PDT
