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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 Salado at 312 Ow Lowrey, Salado, TX, 76571 with 5% annual appreciation on a $390,000 basis while $2,514/mo rent supports operations. 5% in year one. Equity gained on principal adds $2,517/yr, and five-year appreciation sums $107,750 alongside rental yield of 7.74%. Five-year ROI measures 91.14% and total cumulative return in cash totals $117,836. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,514/mo property income versus a $1,909/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76571, Salado, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,913 (100%) |
| Owner Occupied HU | 3,095 (79.1%) |
| Renter Occupied HU | 574 (14.7%) |
| Vacant Housing Units | 244 ( 6.2%) |
| Median Home Value | $445,392 |
| Average Home Value | $511,914 |
Residential
4,248
Single Family
4,240
Multi-Family
8
Businesses
519
Date | Event | Price |
|---|---|---|
| 2025-05-31 | Listed for sale | $390,000 |
| 2022-09-02 | Sold | N/A |
| 2022-08-13 | Pending sale | $380,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-31 | $5421.72 | 15.85% | $421,706 | 13.49% |
| 2023-05-31 | $4679.87 | -24.93% | $371,588 | 6.49% |
| 2022-05-31 | $6234.29 | N/A | $348,946 | 33.64% |
What's Special
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Listed by: Joshua Checki • Keller Williams Realty
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #581758
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. 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. Copyright 2025 Central Texas MLS, All Rights Reserved.
