








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 China Spring at 306 Kash Derrick Dr, China Spring, TX, 76633 offers $3,001/mo rent that, after a $3,181/mo payment. Total monthly income is $3,001/mo. Return on cash invested measures 10.93% in year one, and rental yield stands at 5.54% at a $650,000 entry. Equity gained on principal adds $4,194/yr while 5% annual appreciation compounds into $179,583 by year five. Five-year ROI records 55.88% and total cumulative return in cash reaches $119,510. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,001/mo property income versus a $3,181/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
6.35 Acres lot
$N/A/sqft
$75 annually HOA
Neighborhood data shown for ZIP Code: 76633, China Spring, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,597 (100%) |
| Owner Occupied HU | 2,158 (83.1%) |
| Renter Occupied HU | 328 (12.6%) |
| Vacant Housing Units | 111 ( 4.3%) |
| Median Home Value | $377,951 |
| Average Home Value | $449,516 |
Residential
2,249
Single Family
2,249
Multi-Family
0
Businesses
139
Date | Event | Price |
|---|---|---|
| 2025-06-27 | Listed for sale | $650,000 |
| 2021-10-13 | Sold | N/A |
| 2021-08-31 | Pending sale | $524,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-28 | $5755.40 | -0.64% | $561,800 | N/A |
| 2023-06-28 | $5792.35 | -35.31% | $561,800 | -0.71% |
| 2022-06-28 | $8954.48 | 176.41% | $565,800 | 68.33% |



Listed by: Aaron Tucker • CENTURY 21 Judge Fite Company
Mls Name: NTREIS
Mls ID: #20983891
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.