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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 Lockhart at 301 DAVIS MOUTAIN DRIVE, Lockhart, TX, 78644 priced at $359,990 converts $2,160/mo rent into after a $1,762/mo obligation. Total monthly income equals $2,160/mo. Return on cash invested prints 15.28% in year one, and rental yield reads 7.2% against a $359,990 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation compiles into $99,459 by year five. Five-year ROI reaches 79.51% and total cumulative return in cash sums $94,890. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,160/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.30 Acres lot
$N/A/sqft
$60 monthly HOA
Neighborhood data shown for ZIP Code: 78644, Lockhart, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,724 (100%) |
| Owner Occupied HU | 5,615 (64.4%) |
| Renter Occupied HU | 2,384 (27.3%) |
| Vacant Housing Units | 725 ( 8.3%) |
| Median Home Value | $234,543 |
| Average Home Value | $282,891 |
Residential
8,067
Single Family
7,406
Multi-Family
661
Businesses
755
Date | Event | Price |
|---|---|---|
| 2024-12-04 | Price change | $359,990 |
| 2024-09-27 | Listed for sale | $390,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Partially Floored,Pull Down Stairs,Attic - Radiant Barrier Decking
Listed by: Dave Clinton • D.R. Horton, AMERICA'S Builder
Mls Name: SABOR
Mls Provider:
Mls ID: #1812026
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.
