120 MORRISON DR

JARRELL, TX 76537
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3 bd, 2 ba | 1,580 sqft | Built in 2023

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List Price
$316,900

Initial Investment

$86,355

Purchase Price

$316,900

Down Payment

25%

Rent

$1,910

Total Return

$128,489

Annualized Return

18.4%

Cap Rate

3.5%

Gross Yield

7.2%

Cash Flow

-$6,447

Appreciation

8.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,596

HOA

$20/mo

Flood Risk

Not Required

Welcome home to the three-bedroom, two-bathroom Hawthorne plan at Cool Water at Sonterra! An inviting front porch welcomes you inside to discover all that this impressive home has to offer. An open, spacious layout with an expansive family room and a chef-ready kitchen set the stage for an abundance of family time or hanging out with friends. Three bedrooms, including the private master suite, provide the space you need for your household or hobbies. The Hawthorne has everything you’re looking for!

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Kevin Guerin
Guerin Property Services
TX Agent License #610683

Annual Financial Highlights

Expected Rent

$21,774

Expenses

-$3,463

Property Taxes

-$7,530

Loan Payments

-$17,228

Net Cash Flow

-$6,447

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Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Listing Courtesy of:Mona Dale Hill
Agent License 0226524
LGI Homes
Certified Agent Brokerage:Kevin Guerin
Guerin Property Services
TX Brokerage License 9000203
SourceAustin/Central Texas Real Estate Information Service (ACTRIS)
MLS #8049856
Last Updated: 04/12/2025 15:04
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. 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. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.