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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 Round Top at 2249 S State Highway 237, Round Top, TX, 78954 generates $3,545/mo in rent, after a $9,544/mo payment. Total monthly income is $3,545/mo. Return on cash invested sits at 0.77% in year one, and rental yield is 2.18% on a $1,950,000 entry. Equity gained on principal adds $12,583/yr, while 5% annual appreciation builds toward $538,749 over five years. Five-year ROI reaches 1.32% and total cumulative return in cash sums $8,369. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,545/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
2 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78954, Round Top, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 921 (100%) |
| Owner Occupied HU | 503 (54.6%) |
| Renter Occupied HU | 67 ( 7.3%) |
| Vacant Housing Units | 351 (38.1%) |
| Median Home Value | $504,261 |
| Average Home Value | $667,356 |
Residential
611
Single Family
611
Multi-Family
0
Businesses
189
Date | Event | Price |
|---|---|---|
| 2024-06-06 | Listed for sale | $1,950,000 |
| 2024-03-26 | Listing removed | N/A |
| 2023-10-31 | Price change | $2,350,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $1,034,664 | 20.00% |
| 2023-02-12 | $10286.97 | 24.36% | $862,220 | 43.45% |
| 2022-02-12 | $8271.88 | 61.30% | $601,040 | 67.82% |
Listed by: Cari Goeke • Southern District Sotheby's International Realty
Mls Name: HAR
Mls Provider:
Mls ID: #88715922
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