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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 Burnet at 320 Eagle Ridge, Burnet, TX, 78611 offers a 5.09% rental yield on a $999,000 purchase with $4,235/mo rent. 31% in year one. Equity gained on principal adds $6,446/yr while 5% annual appreciation supports $276,005 over five years. Portfolio math shows five-year ROI at 47.27% and total cumulative return in cash at $155,366. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,235/mo property income against a $4,890/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
3.84 Acres lot
$N/A/sqft
$912 annually HOA
Neighborhood data shown for ZIP Code: 78611, Burnet, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,970 (100%) |
| Owner Occupied HU | 5,024 (63.0%) |
| Renter Occupied HU | 1,421 (17.8%) |
| Vacant Housing Units | 1,525 (19.1%) |
| Median Home Value | $359,337 |
| Average Home Value | $468,828 |
Residential
6,767
Single Family
6,650
Multi-Family
117
Businesses
692
Date | Event | Price |
|---|---|---|
| 2024-09-04 | Price change | $999,000 |
| 2023-10-05 | Price change | $1,195,000 |
| 2023-09-18 | Price change | $1,250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $7632.30 | -0.18% | $1,001,529 | 10.00% |
| 2023-02-13 | $7645.71 | -31.23% | $910,481 | 10.00% |
| 2022-02-13 | $11118.18 | -0.03% | $827,710 | 10.00% |
Listed by: Mischelle Griffin • Lake-Land Realty Hill Country
Mls Name: HLMLS
Mls Provider:
Mls ID: #170185
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.
