8531 SNAKEWEED DR

CONVERSE, TX 78109
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3 bd, 2 ba | 1,668 sqft | Built in 2006

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List Price
$237,000

Initial Investment

$64,583

Purchase Price

$237,000

Down Payment

25%

Rent

$1,690

Total Return

$78,814

Annualized Return

16.5%

Cap Rate

4.5%

Gross Yield

8.6%

Cash Flow

-$2,898

Appreciation

7.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,000

HOA

$25/mo

Flood Risk

Not Required

Gem of a House! This floorplan creates a big "open-home" feeling for comfortable and spacious living. A wide entry leads you past the guest bath and into the large living room with fireplace and formal dining area. You will notice that this home has had many recent upgrades including recently replaced flooring, brand new appliances, full wall/cabinet paint, bathroom upgrades and more. The breakfast room is bright and looks out to the covered back patio offering another comfortable eating area. The Primary bedroom offers room for all your furnishing but also includes an attached room which can be used as an office, game room or even an extra bedroom! The primary bath has a garden tub, walk in closet and two vanities. The other two bedrooms are located in their own private hall offering the perfect privacy and quiet space between rooms. Outside, the front yard has easy to maintain space and shade trees. The back yard off the covered porch is open for entertaining or evening relaxation. Neighborhood amenities offer a pool and clubhouse for the community enjoyment.

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

Annual Financial Highlights

Expected Rent

$19,266

Expenses

-$3,729

Property Taxes

-$5,550

Loan Payments

-$12,885

Net Cash Flow

-$2,898

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:Linda Flores
Simply Life, LLC
Certified Agent Brokerage:Collin Corrington
White Line Realty
TX Brokerage License 9007429
SourceMLS #1856054
Last Updated: 04/13/2025 01:04
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