








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 Carmine at 346 E Us Highway 290, Carmine, TX, 78932 offers a 8.49% rental yield on a $335,000 purchase with $2,369/mo rent. 76% in year one. Equity gained on principal adds $2,162/yr while 5% annual appreciation supports $92,554 over five years. Portfolio math shows five-year ROI at 103.29% and total cumulative return in cash at $114,704. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,369/mo property income against a $1,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78932, Carmine, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 596 (100%) |
| Owner Occupied HU | 331 (55.5%) |
| Renter Occupied HU | 63 (10.6%) |
| Vacant Housing Units | 202 (33.9%) |
| Median Home Value | $343,182 |
| Average Home Value | $506,352 |
Residential
380
Single Family
380
Multi-Family
0
Businesses
42
Date | Event | Price |
|---|---|---|
| 2024-12-10 | Price change | $335,000 |
| 2024-10-18 | Price change | $360,000 |
| 2024-09-10 | Listed for sale | $375,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $270,850 | 9.30% |
| 2023-02-12 | $2961.44 | 11.26% | $247,800 | 28.32% |
| 2022-02-12 | $2661.76 | 29.44% | $193,110 | 34.70% |



Listed by: Tiffany Richardson • Bill Johnson & Assoc. Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #95981483
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