








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 Elmendorf at 8836 Grey Elm, Elmendorf, TX, 78112 priced at $299,990 converts $2,675/mo rent into $502/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,675/mo, and annual cash flow totals $6,024/yr on $99,447 invested. Return on cash invested prints 25.97% in year one, and rental yield reads 10.7% against a $299,990 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,882 by year five. Five-year ROI reaches 136.77% and total cumulative return in cash sums $136,017. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,675/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 2023
5,819 sqft lot
$N/A/sqft
$480 annually HOA
Neighborhood data shown for ZIP Code: 78112, Elmendorf, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,837 (100%) |
| Owner Occupied HU | 3,111 (81.1%) |
| Renter Occupied HU | 463 (12.1%) |
| Vacant Housing Units | 263 ( 6.9%) |
| Median Home Value | $225,106 |
| Average Home Value | $267,048 |
Residential
3,591
Single Family
3,591
Multi-Family
0
Businesses
123
Date | Event | Price |
|---|---|---|
| 2025-06-02 | Pending sale | $299,990 |
| 2025-04-09 | Price change | $299,990 |
| 2024-11-14 | Price change | $307,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-26 | $4611.51 | 532.71% | $200,310 | 482.30% |
| 2023-06-26 | $728.85 | N/A | $34,400 | N/A |



Listed by: Bryan Blagg • Castlerock Realty, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1739101
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.