








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 Palacios at 1012 Lucas Ave, Palacios, TX, 77465 with 5% annual appreciation on a $175,000 basis while $1,343/mo rent supports operations. Total monthly income totals $1,343/mo and a $857/mo payment preserves $98/mo for cash returns. Annual cash flow comes to $1,177/yr on $58,013 deployed, and return on cash invested reaches 21.94% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,349 alongside rental yield of 9.21%. Five-year ROI measures 115.02% and total cumulative return in cash totals $66,727.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,343/mo property income versus a $857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2013
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77465, Palacios, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,177 (100%) |
| Owner Occupied HU | 2,318 (55.5%) |
| Renter Occupied HU | 692 (16.6%) |
| Vacant Housing Units | 1,167 (27.9%) |
| Median Home Value | $223,515 |
| Average Home Value | $225,985 |
Residential
3,080
Single Family
3,018
Multi-Family
62
Businesses
254
Date | Event | Price |
|---|---|---|
| 2024-09-26 | Listed for sale | $175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $106,660 | 10.00% |
| 2023-02-13 | $809.39 | 196.37% | $96,964 | 10.00% |
| 2022-02-13 | $273.10 | -64.12% | $88,149 | 10.00% |



Listed by: Tammy Hill • Texas Coastal Properties
Mls Name: Matagorda County BOR
Mls ID: #778201
Disclaimer: Copyright Matagorda County Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.