








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 China Spring at 8452 Spicewood Springs Rd, China Spring, TX, 76633 priced at $850,000 converts $6,776/mo rent into $674/mo cash flow after a $4,160/mo obligation. Total monthly income equals $6,776/mo, and annual cash flow totals $8,085/yr on $279,650 invested. Return on cash invested prints 22.95% in year one, and rental yield reads 9.57% against a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation compiles into $234,839 by year five. Five-year ROI reaches 120.43% and total cumulative return in cash sums $336,790. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,776/mo property income covering a $4,160/mo payment, not borrower’s personal income.
Single Family
Built in 2010
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76633, China Spring, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,597 (100%) |
| Owner Occupied HU | 2,158 (83.1%) |
| Renter Occupied HU | 328 (12.6%) |
| Vacant Housing Units | 111 ( 4.3%) |
| Median Home Value | $377,951 |
| Average Home Value | $449,516 |
Residential
2,249
Single Family
2,249
Multi-Family
0
Businesses
139
Date | Event | Price |
|---|---|---|
| 2024-12-17 | Listed for sale | $850,000 |
| 2015-07-10 | Listing removed | $399,900 |
| 2015-04-16 | Pending sale | $399,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $14807.53 | 11.36% | $789,634 | 10.00% |
| 2023-02-13 | $13297.48 | -8.76% | $717,849 | 10.00% |
| 2022-02-13 | $14574.51 | 9.95% | $652,590 | 16.10% |



Listed by: Andrea Ridgway • Coldwell Banker Apex, REALTORS
Mls Name: WMLS
Mls Provider:
Mls ID: #227181
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed. Copyright 2025 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2025-02-13 04:53:25 PST