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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 Mexia at 1016 E Hopkins St, Mexia, TX, 76667 at $189,500 posts ROI 16.62% with from $1,176/mo rent. Total monthly income equals $1,176/mo. Return on cash invested measures 16.62% and rental yield reads 7.45% at the current $189,500. Equity gained on principal adds $1,223/yr, and 5% annual appreciation supports $52,355 by year five. Five-year ROI prints 86.42% and total cumulative return in cash totals $54,287. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,176/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1962
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76667, Mexia, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,921 (100%) |
| Owner Occupied HU | 2,937 (59.7%) |
| Renter Occupied HU | 1,210 (24.6%) |
| Vacant Housing Units | 774 (15.7%) |
| Median Home Value | $166,706 |
| Average Home Value | $230,596 |
Residential
4,262
Single Family
4,122
Multi-Family
140
Businesses
507
Date | Event | Price |
|---|---|---|
| 2024-09-30 | Listed for sale | $189,500 |
| 2024-09-18 | Listing removed | $189,500 |
| 2024-08-28 | Price change | $189,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-27 | $1717.68 | 21.79% | $71,350 | 36.14% |
| 2022-12-27 | $1410.41 | 4.80% | $52,410 | 7.93% |
| 2021-12-27 | $1345.84 | N/A | $48,560 | 3.92% |
Listed by: Mitzi Eves • Heritage Real Estate LLC
Mls Name: NTREIS
Mls ID: #20565281
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
