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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 Lockhart at 323 DAVIS MOUTAIN DRIVE, Lockhart, TX, 78644 generates $2,550/mo in rent, after a $1,835/mo payment. Total monthly income is $2,550/mo. Return on cash invested sits at 18.32% in year one, and rental yield is 8.16% on a $374,990 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,603 over five years. Five-year ROI reaches 95.71% and total cumulative return in cash sums $118,980. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,550/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.30 Acres lot
$N/A/sqft
$48 monthly HOA
Neighborhood data shown for ZIP Code: 78644, Lockhart, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,724 (100%) |
| Owner Occupied HU | 5,615 (64.4%) |
| Renter Occupied HU | 2,384 (27.3%) |
| Vacant Housing Units | 725 ( 8.3%) |
| Median Home Value | $234,543 |
| Average Home Value | $282,891 |
Residential
8,067
Single Family
7,406
Multi-Family
661
Businesses
755
Date | Event | Price |
|---|---|---|
| 2024-09-27 | Listed for sale | $374,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Partially Floored,Pull Down Stairs,Attic - Radiant Barrier Decking
Listed by: Dave Clinton • D.R. Horton, AMERICA'S Builder
Mls Name: SABOR
Mls Provider:
Mls ID: #1812030
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.
