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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 Georgetown at 512 White Steppe Way, Georgetown, TX, 78626 priced at $285,000 converts $2,078/mo rent into after a $1,395/mo obligation. Total monthly income equals $2,078/mo. Return on cash invested prints 18.27% in year one, and rental yield reads 8.75% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. Five-year ROI reaches 96.16% and total cumulative return in cash sums $90,846. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,078/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Condo
Built in 2021
3,358 sqft lot
$N/A/sqft
$180 monthly HOA
Neighborhood data shown for ZIP Code: 78626, Georgetown, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,715 (100%) |
| Owner Occupied HU | 12,437 (54.8%) |
| Renter Occupied HU | 8,112 (35.7%) |
| Vacant Housing Units | 2,166 ( 9.5%) |
| Median Home Value | $447,966 |
| Average Home Value | $498,391 |
Residential
20,357
Single Family
15,646
Multi-Family
4,711
Businesses
1,177
Date | Event | Price |
|---|---|---|
| 2025-03-16 | Listed for sale | $285,000 |
| 2025-03-01 | Listing removed | $285,000 |
| 2025-01-23 | Price change | $285,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Brenda Gregory • REALM Real Estate Professionals - West Houston
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #1326331
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-03-17 05:54:00 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#27)
