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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 Martindale at 250 Hummingbird Way, Martindale, TX, 78655 offers $1,110/mo rent that, after a $2,203/mo payment. Total monthly income is $1,110/mo. Return on cash invested measures 3.09% in year one, and rental yield stands at 2.96% at a $450,000 entry. Equity gained on principal adds $2,904/yr while 5% annual appreciation compounds into $124,327 by year five. Five-year ROI records 13.89% and total cumulative return in cash reaches $20,718. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,110/mo property income versus a $2,203/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78655, Martindale, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,411 (100%) |
| Owner Occupied HU | 916 (64.9%) |
| Renter Occupied HU | 344 (24.4%) |
| Vacant Housing Units | 151 (10.7%) |
| Median Home Value | $291,463 |
| Average Home Value | $336,023 |
Residential
877
Single Family
877
Multi-Family
0
Businesses
46
Date | Event | Price |
|---|---|---|
| 2025-02-11 | Listed for sale | $450,000 |
| 2025-02-08 | Contingent | $450,000 |
| 2025-01-16 | Listed for sale | $450,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $433,970 | -0.62% |
| 2023-02-13 | $3896.59 | -0.97% | $436,690 | 12.46% |
| 2022-02-13 | $3934.56 | 12.78% | $388,293 | 31.32% |
Listed by: Mary Evans • Coldwell Banker D'Ann Harper,
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #567247
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.
