824 Shrike Ln

New Braunfels, TX 78130
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4 bd, 3 ba | 2,652 sqft | Built in 2020

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List Price
$350,000

Initial Investment

$95,375

Purchase Price

$350,000

Down Payment

25%

Rent

$2,430

Total Return

$116,974

Annualized Return

16.4%

Cap Rate

4.1%

Gross Yield

8.3%

Cash Flow

-$5,034

Appreciation

7.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,098

HOA

$37/mo

Flood Risk

Not Required

Situated in the heart of a tranquil neighborhood, this two-story home offers peace and quiet while still being conveniently close to local amenities and schools. This charming home offers welcoming curb appeal, open-concept living space, and a modern kitchen equipped with stainless steel appliances and breakfast bar. Master suite featuring a luxurious ensuite bathroom and walk-in closet. Additional bedrooms upstairs, with plenty of natural light and closet space. Versatile bonus room that can be used as a game room, playroom, or media room. Don't miss out on the opportunity to make this charming two-story home your own oasis in this peaceful neighborhood!

See more in Analysis
Collin Corrington
White Line Realty
TX Agent License #706046

Annual Financial Highlights

Expected Rent

$27,702

Expenses

-$6,298

Property Taxes

-$7,410

Loan Payments

-$19,028

Net Cash Flow

-$5,034

See more in Financials

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:Amelia Graham
Real
Certified Agent Brokerage:Collin Corrington
White Line Realty
TX Brokerage License 9007429
SourceMLS #1761656
Last Updated: 03/26/2024 18:03
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.