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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 Cross Plains at 348 N Main St, Cross Plains, TX, 76443 priced at $250,000 converts $1,774/mo rent into after a $1,224/mo obligation. Total monthly income equals $1,774/mo. Return on cash invested prints 19.85% in year one, and rental yield reads 8.52% against a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. Five-year ROI reaches 103.73% and total cumulative return in cash sums $85,966. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,774/mo property income covering a $1,224/mo payment, not borrower’s personal income.
Single Family
Built in 1920
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76443, Cross Plains, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,060 (100%) |
| Owner Occupied HU | 672 (63.4%) |
| Renter Occupied HU | 162 (15.3%) |
| Vacant Housing Units | 226 (21.3%) |
| Median Home Value | $173,026 |
| Average Home Value | $229,360 |
Residential
707
Single Family
707
Multi-Family
0
Businesses
91
Date | Event | Price |
|---|---|---|
| 2024-06-14 | Listed for sale | $250,000 |
| 2023-06-06 | Sold | N/A |
| 2023-06-06 | Pending sale | $78,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $460.33 | -3.08% | $28,960 | 18.20% |
| 2022-08-15 | $474.96 | -7.78% | $24,500 | -0.45% |
| 2021-08-15 | $515.04 | -5.72% | $24,610 | -9.26% |
Listed by: Shana Hinyard • Hinyard Farm and Ranch LLC
Mls Name: NTREIS
Mls ID: #20644168
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.
