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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 Lampasas at 22 Snell Dr, Lampasas, TX, 76550 generates $1,716/mo in rent, after a $1,297/mo payment. Total monthly income is $1,716/mo. Return on cash invested sits at 15.94% in year one, and rental yield is 7.77% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 83.4% and total cumulative return in cash sums $73,263. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,716/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76550, Lampasas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,182 (100%) |
| Owner Occupied HU | 3,845 (62.2%) |
| Renter Occupied HU | 1,578 (25.5%) |
| Vacant Housing Units | 759 (12.3%) |
| Median Home Value | $259,364 |
| Average Home Value | $348,955 |
Residential
5,631
Single Family
5,454
Multi-Family
177
Businesses
629
Date | Event | Price |
|---|---|---|
| 2025-02-03 | Price change | $265,000 |
| 2024-12-12 | Listed for sale | $285,000 |
| 2018-10-08 | Listing removed | $145,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $307,960 | -3.24% |
| 2023-02-13 | $5862.18 | 4.15% | $318,270 | 18.75% |
| 2022-02-13 | $5628.42 | N/A | $268,020 | 35.10% |
Listed by: Felicia Finch • Always Here Properties, Llc
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #564487
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. 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. Copyright 2025 Central Texas MLS, All Rights Reserved.
