








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 Hewitt at 312 Hedrick Dr, Hewitt, TX, 76643 uses $95,804 cash to close to unlock $1,624/yr annual cash flow and $135/mo monthly cash flow. Total monthly income runs $2,249/mo, and a $1,415/mo payment keeps the spread at $135/mo. Purchase price stands at $289,000, and rental yield measures 9.34% with $2,249/mo rent. Return on cash invested shows 21.6% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 113.45% and total cumulative return in cash records $108,686. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,249/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Single Family
Built in 1993
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76643, Hewitt, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,247 (100%) |
| Owner Occupied HU | 4,500 (72.0%) |
| Renter Occupied HU | 1,579 (25.3%) |
| Vacant Housing Units | 168 ( 2.7%) |
| Median Home Value | $289,685 |
| Average Home Value | $306,717 |
Residential
6,299
Single Family
5,743
Multi-Family
556
Businesses
518
Date | Event | Price |
|---|---|---|
| 2025-06-07 | Price change | $289,000 |
| 2025-04-24 | Price change | $296,000 |
| 2025-04-23 | Price change | $293,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-07 | $5492.77 | -6.06% | $284,930 | -5.26% |
| 2023-06-07 | $5847.33 | -1.20% | $300,750 | 10.79% |
| 2022-06-07 | $5918.18 | 20.54% | $271,460 | 26.01% |



Listed by: Kristen Radke • Real Broker, LLC
Mls Name: NTREIS
Mls ID: #20962652
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.