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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% |
Investment property for sale in Lampasas at 408 N Spring Street, Lampasas, TX, 76550 with 5% annual appreciation on a $145,000 basis while $1,150/mo rent supports operations. 03% in year one. Equity gained on principal adds $936/yr, and five-year appreciation sums $40,061 alongside rental yield of 9.52%. Five-year ROI measures 85.77% and total cumulative return in cash totals $41,228. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,150/mo property income versus a $710/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76550, Lampasas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,182 (100%) |
| Owner Occupied HU | 3,845 (62.2%) |
| Renter Occupied HU | 1,578 (25.5%) |
| Vacant Housing Units | 759 (12.3%) |
| Median Home Value | $259,364 |
| Average Home Value | $348,955 |
Residential
5,631
Single Family
5,454
Multi-Family
177
Businesses
629
Date | Event | Price |
|---|---|---|
| 2025-04-16 | Listed for sale | $145,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-16 | $5692.74 | -3.27% | $298,800 | -6.48% |
| 2023-04-16 | $5885.19 | 1.97% | $319,520 | 16.26% |
| 2022-04-16 | $5771.43 | N/A | $274,830 | 28.32% |
Listed by: Bob Clifton • Keller Williams - Lake Travis
Mls Name: HLMLS
Mls Provider:
Mls ID: #172920
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.
