7 Armadillo Cir, Morgans Pt Resort, TX, 76513 | $448/mo Cash Flow

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7 Armadillo Cir, Morgans Pt Resort, TX, 76513 | $448/mo Cash Flow | Ziffy

For Sale

Listed for sale 2 days ago

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Morgans Pt Resort at 7 Armadillo Cir, Morgans Pt Resort, TX, 76513 earns $448/mo cash flow from $2,183/mo rent with a $1,194/mo payment. Total monthly income totals $2,183/mo, and annual cash flow totals $5,378/yr on $80,886 capital. ROI tracks 26.56% on current figures, and rental yield reads 10.74% at a $244,000 purchase. Equity gained on principal adds $1,574/yr, and 5% annual appreciation supports $67,413 over five years. Five-year ROI reaches 139.74% and total cumulative return in cash sums $113,026. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,183/mo property income instead of your personal income.

Single Family

Built in 2007

0.30 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this beautifully updated 3-bedroom, 2-bath property in Morgans Point Resort, set on an oversized double lot totaling approximately 0.3 acres. The expansive lot offers rare space, privacy, and room to spread outperfect for outdoor living, entertaining, or simply enjoying the peaceful surroundings and frequent visits from neighborhood deer. Inside, the home features numerous thoughtful updates, including freshly redone stained concrete floors and a garage with new epoxy flooring (December 2025), updated kitchen appliances including range, microwave, and dishwasher (June 2025), and added attic insulation for improved efficiency (November 2025). Major system upgrades provide peace of mind with a new roof (July 2024) and water heater (2024). Additional improvements include recessed can lighting (2023), refrigerator replacement (2023), interior paint (2022), vinyl plank flooring in the living room and bathroom (2021), carpet in bedrooms (2021), fencing with double gates (2021), and extensive yard improvements with leveling and French drains installed in 2021. Enjoy close proximity to Lake Belton and optional neighborhood amenities available with a membership fee, while still benefiting from easy access to major thoroughfares for a convenient commute to Temple and Killeen. This home offers the perfect blend of space, updates, and relaxed lakeside living.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76513, Belton, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,497 (100%)
Owner Occupied HU	12,076 (65.3%)
Renter Occupied HU	5,158 (27.9%)
Vacant Housing Units	1,263 ( 6.8%)
Median Home Value	$336,211
Average Home Value	$377,275