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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 Mason at 730 Wheeler St, Mason, TX, 76856 priced at $349,500 converts $1,525/mo rent into after a $1,711/mo obligation. Total monthly income equals $1,525/mo. Return on cash invested prints 9.96% in year one, and rental yield reads 5.24% against a $349,500 entry. Equity gained on principal adds $2,255/yr, while 5% annual appreciation compiles into $96,560 by year five. Five-year ROI reaches 50.72% and total cumulative return in cash sums $58,765. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,525/mo property income covering a $1,711/mo payment, not borrower’s personal income.
Single Family
Built in 1955
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76856, Mason, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,213 (100%) |
| Owner Occupied HU | 1,283 (58.0%) |
| Renter Occupied HU | 386 (17.4%) |
| Vacant Housing Units | 544 (24.6%) |
| Median Home Value | $316,341 |
| Average Home Value | $455,563 |
Residential
367
Single Family
367
Multi-Family
0
Businesses
209
Date | Event | Price |
|---|---|---|
| 2025-05-26 | Listed for sale | $349,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-27 | $2236.26 | 10.93% | $278,339 | 5.15% |
| 2023-05-27 | $2015.89 | -56.51% | $264,700 | 10.00% |
| 2022-05-27 | $4635.64 | 99.23% | $240,636 | 38.76% |
Listed by: Bruce Lehmberg • Lehmberg Realty
Mls Name: CHCBOR
Mls Provider:
Mls ID: #97806
Disclaimer: Copyright Central Hill Country Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.
