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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% |
Investment property for sale in Spring Branch at 241 Toucan Drive, Spring Branch, TX, 78070 at $619,000 posts ROI 12.39% with from $3,132/mo rent. Total monthly income equals $3,132/mo. Return on cash invested measures 12.39% and rental yield reads 6.07% at the current $619,000. Equity gained on principal adds $3,994/yr, and 5% annual appreciation supports $171,018 by year five. Five-year ROI prints 63.82% and total cumulative return in cash totals $129,973. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,132/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
1 Acres lot
$N/A/sqft
$370 annually HOA
Neighborhood data shown for ZIP Code: 78070, Spring Branch, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,971 (100%) |
| Owner Occupied HU | 8,394 (84.2%) |
| Renter Occupied HU | 885 ( 8.9%) |
| Vacant Housing Units | 692 ( 6.9%) |
| Median Home Value | $596,751 |
| Average Home Value | $695,534 |
Residential
9,272
Single Family
8,986
Multi-Family
286
Businesses
618
Date | Event | Price |
|---|---|---|
| 2024-10-14 | Listed for sale | $619,000 |
| 2024-06-12 | Sold | N/A |
| 2021-09-07 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $96,090 | -9.53% |
| 2023-02-12 | $1586.50 | 0.89% | $106,210 | 14.13% |
| 2022-02-12 | $1572.46 | 107.26% | $93,060 | 119.07% |
Listed by: Rob Cagle • Texas Premier Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1816028
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.
