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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 Morgans Point Resort at 3400 Morgans Point Rd, Morgans Point Resort, TX, 76513 offers $3,041/mo rent that, after a $2,203/mo payment. Total monthly income is $3,041/mo. Return on cash invested measures 17.86% in year one, and rental yield stands at 8.11% at a $450,000 entry. Equity gained on principal adds $2,904/yr while 5% annual appreciation compounds into $124,327 by year five. Five-year ROI records 93.37% and total cumulative return in cash reaches $139,278. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,041/mo property income versus a $2,203/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76513, Belton, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,497 (100%) |
| Owner Occupied HU | 12,076 (65.3%) |
| Renter Occupied HU | 5,158 (27.9%) |
| Vacant Housing Units | 1,263 ( 6.8%) |
| Median Home Value | $336,211 |
| Average Home Value | $377,275 |
Residential
18,034
Single Family
15,946
Multi-Family
2,088
Businesses
1,278
Date | Event | Price |
|---|---|---|
| 2024-10-07 | Price change | $450,000 |
| 2024-09-10 | Listed for sale | $459,900 |
| 2024-08-12 | Listing removed | $459,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $515,402 | 8.08% |
| 2023-12-27 | $8607.67 | -7.03% | $476,865 | 10.00% |
| 2022-12-27 | $9258.71 | N/A | $433,514 | 63.43% |
What's Special
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Listed by: Morgan Shine • Magnolia Realty Temple Belton
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #559017
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 2024 Central Texas MLS, All Rights Reserved.
