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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 Cross Plains at 308 E 1st St, Cross Plains, TX, 76443 listed at $240,000 pairs $1,955/mo rent with a $1,175/mo payment to leave $248/mo cash flow. Total monthly income runs $1,955/mo, and annual cash flow reaches $2,976/yr on $79,560 cash to close. Return on cash invested measures 23.65% in year one, and rental yield registers 9.78% at a $240,000 basis. Equity gained on principal adds $1,549/yr, and annual property appreciation at 5% supports $66,308 by year five. Five-year ROI tracks 124.09% and total cumulative return in cash totals $98,726. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,955/mo property income relative to a $1,175/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76443, Cross Plains, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,060 (100%) |
| Owner Occupied HU | 672 (63.4%) |
| Renter Occupied HU | 162 (15.3%) |
| Vacant Housing Units | 226 (21.3%) |
| Median Home Value | $173,026 |
| Average Home Value | $229,360 |
Residential
707
Single Family
707
Multi-Family
0
Businesses
91
Date | Event | Price |
|---|---|---|
| 2025-06-24 | Listed for sale | $240,000 |
| 2021-07-08 | Sold | N/A |
| 2020-12-19 | Listing removed | $115,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-25 | $1211.33 | 18.44% | $203,040 | 35.76% |
| 2023-06-25 | $1022.77 | -45.36% | $149,560 | 54.89% |
| 2022-06-25 | $1871.91 | -22.19% | $96,560 | -16.01% |
Listed by: Tonya Holland • Donnie Stegemoller, REALTORS
Mls Name: NTREIS
Mls ID: #20980105
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.
