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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 Burnet at 716 N Chaparral, Burnet, TX, 78611 priced at $1,200,000 converts $1,530/mo rent into after a $5,873/mo obligation. Total monthly income equals $1,530/mo. Return on cash invested prints -1.24% in year one, and rental yield reads 1.53% against a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation compiles into $331,538 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,530/mo property income covering a $5,873/mo payment, not borrower’s personal income.
Single Family
Built in 1976
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78611, Burnet, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,970 (100%) |
| Owner Occupied HU | 5,024 (63.0%) |
| Renter Occupied HU | 1,421 (17.8%) |
| Vacant Housing Units | 1,525 (19.1%) |
| Median Home Value | $359,337 |
| Average Home Value | $468,828 |
Residential
6,767
Single Family
6,650
Multi-Family
117
Businesses
692
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jodi L Bostic • Horseshoe Bay Resort Realty
Mls Name: HLMLS
Mls ID: #174270
