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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 Hext at 348 Blau Ln, Hext, TX, 76848 offers $3,019/mo rent that, after a $9,784/mo payment. Total monthly income is $3,019/mo. Return on cash invested measures -0.37% in year one, and rental yield stands at 1.81% at a $1,999,000 entry. Equity gained on principal adds $12,899/yr while 5% annual appreciation compounds into $552,287 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,019/mo property income versus a $9,784/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
247.40 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76848, Hext, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 51 (100%) |
| Owner Occupied HU | 20 (39.2%) |
| Renter Occupied HU | 5 ( 9.8%) |
| Vacant Housing Units | 26 (51.0%) |
| Median Home Value | $325,000 |
| Average Home Value | $553,125 |
Residential
43
Single Family
42
Multi-Family
1
Businesses
0
Date | Event | Price |
|---|---|---|
| 2024-11-19 | Contingent | $1,999,000 |
| 2024-04-23 | Listed for sale | $1,999,000 |
| 2018-11-05 | Listing removed | $927,735 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $200,470 | 20.00% |
| 2023-12-27 | N/A | N/A | $167,060 | 18.22% |
| 2022-12-27 | N/A | N/A | $141,310 | 295.83% |
Listed by: Caitlyn Upham • Legacy Broker Group
Mls Name: NTREIS
Mls ID: #20749441
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.
