








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 Bulverde at 2972 WARWICK PARK, Bulverde, TX, 78163 listed at $400,000 pairs $3,586/mo rent with a $1,958/mo payment to leave $595/mo cash flow. Total monthly income runs $3,586/mo, and annual cash flow reaches $7,136/yr on $132,600 cash to close. Return on cash invested measures 25.29% in year one, and rental yield registers 10.76% at a $400,000 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,513 by year five. Five-year ROI tracks 133.4% and total cumulative return in cash totals $176,884. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,586/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
6,969 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood data shown for ZIP Code: 78163, Bulverde, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,024 (100%) |
| Owner Occupied HU | 8,289 (91.9%) |
| Renter Occupied HU | 327 ( 3.6%) |
| Vacant Housing Units | 408 ( 4.5%) |
| Median Home Value | $508,525 |
| Average Home Value | $557,774 |
Residential
7,884
Single Family
7,818
Multi-Family
66
Businesses
372
Date | Event | Price |
|---|---|---|
| 2025-06-02 | Price change | $400,000 |
| 2025-05-16 | Price change | $415,000 |
| 2025-04-15 | Price change | $420,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-26 | N/A | N/A | $502,692 | 10.00% |
| 2023-06-26 | $7799.41 | -5.00% | $456,993 | 10.00% |
| 2022-06-26 | $8210.13 | -0.08% | $415,448 | 10.00% |



Listed by: Kara Carson • RE/MAX Associates Boerne
Mls Name: SABOR
Mls Provider:
Mls ID: #1833259
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.