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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 Harker Heights at 513 Hogan Dr, Harker Heights, TX, 76548 priced at $240,000 converts $1,720/mo rent into after a $1,175/mo obligation. Total monthly income equals $1,720/mo. Return on cash invested prints 19.46% in year one, and rental yield reads 8.6% against a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation compiles into $66,308 by year five. Five-year ROI reaches 101.86% and total cumulative return in cash sums $81,038. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,720/mo property income covering a $1,175/mo payment, not borrower’s personal income.
Single Family
Built in 1994
9,443 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76548, Harker Heights, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,452 (100%) |
| Owner Occupied HU | 7,793 (57.9%) |
| Renter Occupied HU | 4,954 (36.8%) |
| Vacant Housing Units | 705 ( 5.2%) |
| Median Home Value | $305,751 |
| Average Home Value | $308,017 |
Residential
12,589
Single Family
12,008
Multi-Family
581
Businesses
970
Date | Event | Price |
|---|---|---|
| 2023-01-09 | Sold | N/A |
| 2022-12-11 | Pending sale | $277,000 |
| 2022-11-11 | Price change | $277,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-11 | $4500.07 | 56.63% | $245,793 | 14.78% |
| 2023-06-11 | $2873.06 | N/A | $214,152 | 10.00% |
| 2022-06-11 | N/A | N/A | $194,684 | 10.00% |
What's Special
Other,See Remarks
Listed by: John Escobedo • Bluebonnet Realty
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #583029
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. 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. Copyright 2025 Central Texas MLS, All Rights Reserved.
