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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 Harper at 589 Scott Branch Rd, Harper, TX, 78631 priced at $629,000 converts $3,000/mo rent into after a $3,079/mo obligation. Total monthly income equals $3,000/mo. Return on cash invested prints 11.28% in year one, and rental yield reads 5.72% against a $629,000 entry. Equity gained on principal adds $4,059/yr, while 5% annual appreciation compiles into $173,781 by year five. Five-year ROI reaches 57.84% and total cumulative return in cash sums $119,697. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,000/mo property income covering a $3,079/mo payment, not borrower’s personal income.
Single Family
Built in 2022
4.40 Acres lot
$N/A/sqft
$500 annually HOA
Neighborhood data shown for ZIP Code: 78631, Harper, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,332 (100%) |
| Owner Occupied HU | 903 (67.8%) |
| Renter Occupied HU | 172 (12.9%) |
| Vacant Housing Units | 257 (19.3%) |
| Median Home Value | $513,281 |
| Average Home Value | $716,938 |
Residential
1,145
Single Family
1,145
Multi-Family
0
Businesses
80
Date | Event | Price |
|---|---|---|
| 2025-04-22 | Listed for sale | $629,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-22 | N/A | N/A | $677,220 | 13.56% |
| 2023-04-22 | $1192.56 | 42.17% | $596,370 | 747.84% |
| 2022-04-22 | $838.80 | N/A | $70,340 | N/A |
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Listed by: Janelle Peralt • JP Properties
Mls Name: KVMLS
Mls ID: #119013
Disclaimer: Copyright Kerrville Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
