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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% |
Investment property for sale in Martindale at 83 Roots Rd, Martindale, TX, 78655 with 5% annual appreciation on a $875,000 basis while $1,110/mo rent supports operations. 25% in year one. Equity gained on principal adds $5,646/yr, and five-year appreciation sums $241,746 alongside rental yield of 1.52%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,110/mo property income versus a $4,283/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1972
3 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78655, Martindale, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,411 (100%) |
| Owner Occupied HU | 916 (64.9%) |
| Renter Occupied HU | 344 (24.4%) |
| Vacant Housing Units | 151 (10.7%) |
| Median Home Value | $291,463 |
| Average Home Value | $336,023 |
Residential
877
Single Family
877
Multi-Family
0
Businesses
46
Date | Event | Price |
|---|---|---|
| 2024-05-10 | Price change | $875,000 |
| 2023-12-30 | Price change | $919,900 |
| 2023-06-09 | Price change | $920,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2021-12-28 | $129.41 | N/A | $17,170 | 54.27% |
| 2020-12-28 | N/A | N/A | $11,130 | 37.41% |
| 2018-12-28 | $66.62 | N/A | $8,100 | 5.19% |
Listed by: Neha Rabbani • Land Up Realty & Investments
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #7572048
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2024-12-27 20:47:31 PST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_27)
