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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 Burnet at 905 Ridgeway, Burnet, TX, 78611 earns from $1,920/mo rent with a $2,442/mo payment. Total monthly income totals $1,920/mo. ROI tracks 8.04% on current figures, and rental yield reads 4.62% at a $499,000 purchase. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 over five years. Five-year ROI reaches 40.42% and total cumulative return in cash sums $66,858. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,920/mo property income instead of your personal income.
Single Family
Built in 1970
0.27 Acres lot
$N/A/sqft
$100 annually 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 |
|---|---|---|
| 2025-07-15 | Listed for sale | $499,000 |
| 2025-06-03 | Listing removed | $509,000 |
| 2025-04-29 | Price change | $509,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Craig Hansen • Heritage Real Estate
Mls Name: PBBR
Mls Provider:
Mls ID: #50083753
Disclaimer: All information provided is deemed reliable but is not guaranteed and should be independently verified.
