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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 Burnet at 301 Gristmill Rd, Burnet, TX, 78611 listed at $367,720 pairs $2,880/mo rent with a $1,800/mo payment to leave $265/mo cash flow. Total monthly income runs $2,880/mo, and annual cash flow reaches $3,179/yr on $121,899 cash to close. Return on cash invested measures 22.52% in year one, and rental yield registers 9.4% at a $367,720 basis. Equity gained on principal adds $2,373/yr, and annual property appreciation at 5% supports $101,594 by year five. Five-year ROI tracks 118.03% and total cumulative return in cash totals $143,877. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,880/mo property income relative to a $1,800/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2026
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78611, Burnet, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,970 (100%) |
| Owner Occupied HU | 5,024 (63.0%) |
| Renter Occupied HU | 1,421 (17.8%) |
| Vacant Housing Units | 1,525 (19.1%) |
| Median Home Value | $359,337 |
| Average Home Value | $468,828 |
Residential
6,767
Single Family
6,650
Multi-Family
117
Businesses
692
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Patrick McGrath • Meritage Homes Realty
Mls Name: Unlock MLS
Mls ID: #7273960
