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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 Somerset at 2096 Stevens, Somerset, TX, 78069 priced at $1,900,000 converts $1,410/mo rent into after a $9,300/mo obligation. Total monthly income equals $1,410/mo. Return on cash invested prints -3.22% in year one, and rental yield reads 0.89% against a $1,900,000 entry. Equity gained on principal adds $12,260/yr, while 5% annual appreciation compiles into $524,935 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,410/mo property income covering a $9,300/mo payment, not borrower’s personal income.
Single Family
Built in N/A
90 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78069, Somerset, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,293 (100%) |
| Owner Occupied HU | 1,639 (71.5%) |
| Renter Occupied HU | 435 (19.0%) |
| Vacant Housing Units | 219 ( 9.6%) |
| Median Home Value | $236,801 |
| Average Home Value | $263,127 |
Residential
1,702
Single Family
1,702
Multi-Family
0
Businesses
123
Date | Event | Price |
|---|---|---|
| 2025-08-05 | Listed for sale | $1,900,000 |
| 2025-06-17 | Listing removed | $2,500,000 |
| 2025-05-19 | Price change | $2,500,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-06 | $4020.38 | -7.88% | $825,110 | -7.78% |
| 2023-08-06 | $4364.44 | 25.33% | $894,760 | 34.36% |
| 2022-08-06 | $3482.39 | -3.31% | $665,940 | 13.44% |
No similar price properties found nearby.
Listed by: Madeleine Bartholomew • Kuper Sotheby's Int'l Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1890190
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.
