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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 Buchanan Dam at 310 Cortez Trl, Buchanan Dam, TX, 78609 priced at $550,000 pairs $1,289/mo rent with after a $2,692/mo payment. Total monthly income equals $1,289/mo. Return on cash invested is 2.67% in year one, and rental yield stands at 2.81% on a $550,000 basis. Equity gained on principal adds $3,549/yr, and 5% annual appreciation accumulates to $151,955 by year five. Five-year ROI measures 11.58% and total cumulative return in cash reaches $20,962. For financing, Ziffy Mortgage’s DSCR program evaluates $1,289/mo property income against a $2,692/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
4.07 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78609, Buchanan Dam, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,471 (100%) |
| Owner Occupied HU | 795 (54.0%) |
| Renter Occupied HU | 224 (15.2%) |
| Vacant Housing Units | 452 (30.7%) |
| Median Home Value | $362,500 |
| Average Home Value | $444,676 |
Residential
999
Single Family
999
Multi-Family
0
Businesses
130
Date | Event | Price |
|---|---|---|
| 2025-05-30 | Listed for sale | $550,000 |
| 2019-05-03 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-30 | $407.58 | -27.53% | $148,450 | -23.29% |
| 2023-05-30 | $562.41 | -0.12% | $193,510 | N/A |
| 2022-05-30 | $563.10 | -0.21% | $193,510 | 10.39% |
Listed by: Katie Simon • Lake Life Team-eXp Realty
Mls Name: HLMLS
Mls Provider:
Mls ID: #173620
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.
