








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 Burnet at 306 Alexander Ave, Burnet, TX, 78611 priced at $580,000 pairs $2,880/mo rent with after a $2,839/mo payment. Total monthly income equals $2,880/mo. Return on cash invested is 12.23% in year one, and rental yield stands at 5.96% on a $580,000 basis. Equity gained on principal adds $3,743/yr, and 5% annual appreciation accumulates to $160,243 by year five. Five-year ROI measures 62.88% and total cumulative return in cash reaches $119,985. For financing, Ziffy Mortgage’s DSCR program evaluates $2,880/mo property income against a $2,839/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
0.41 Acres 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: Paige Lewallen • Hanszen-Bailey Real Estate Ser
Mls Name: Central Texas MLS
Mls ID: #593417