2247 Old Highway 20, Mcdade, TX, 78650 | Equity Gain $8,066/yr

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2247 Old Highway 20, Mcdade, TX, 78650 | Equity Gain $8,066/yr | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Mcdade at 2247 Old Highway 20, Mcdade, TX, 78650 generates $2,148/mo in rent, after a $6,118/mo payment. Total monthly income is $2,148/mo. Return on cash invested sits at 0.4% in year one, and rental yield is 2.06% on a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation builds toward $345,352 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,148/mo property income rather than buyer’s personal income.

Single Family

Built in 2021

9.38 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this stunning custom-built home, completed in 2021, nestled on a 9.36-acre corner lot in McDade, Texas. Enjoy peaceful country living with no HOA and plenty of room to expand this property offers the potential to build another home or add additional structures. The main residence features exceptional craftsmanship with handmade wooden cabinets throughout, a spacious attic, and an inviting outdoor brick chimney perfect for gatherings. A private mothers living quarters provides comfort and flexibility for multigenerational living or guests. Additional highlights include a waterline running throughout the property, an irrigation system, and plenty of open space to enjoy the outdoors. Conveniently located just 10 minutes from Bastrop, H-E-B, and Buc-ees, this property blends privacy, function, and authentic Texas charm.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78650, Mc Dade, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	848 (100%)
Owner Occupied HU	573 (67.6%)
Renter Occupied HU	141 (16.6%)
Vacant Housing Units	134 (15.8%)
Median Home Value	$327,232
Average Home Value	$416,654