Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Morgans Pt Resort at 28 Artesian Dr, Morgans Pt Resort, TX, 76513 priced at $265,000 converts $1,952/mo rent into $68/mo cash flow after a $1,297/mo obligation. Total monthly income equals $1,952/mo, and annual cash flow totals $811/yr on $87,848 invested. Return on cash invested prints 20.83% in year one, and rental yield reads 8.84% against a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation compiles into $73,215 by year five. Five-year ROI reaches 109.01% and total cumulative return in cash sums $95,763. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,952/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Single Family
Built in 2003
6,655 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76513, Belton, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,497 (100%) |
| Owner Occupied HU | 12,076 (65.3%) |
| Renter Occupied HU | 5,158 (27.9%) |
| Vacant Housing Units | 1,263 ( 6.8%) |
| Median Home Value | $336,211 |
| Average Home Value | $377,275 |
Residential
18,034
Single Family
15,946
Multi-Family
2,088
Businesses
1,278
Date | Event | Price |
|---|---|---|
| 2025-02-07 | Listed for sale | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $3743.83 | 19.24% | $269,210 | 28.39% |
| 2023-02-13 | $3139.71 | -16.75% | $209,688 | 10.00% |
| 2022-02-13 | $3771.57 | N/A | $190,625 | 10.00% |
What's Special
Pull Down Stairs
Listed by: Ryan Smith • Keller Williams Advantage-Ryan Smith Home Selling
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #568457
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.
