Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Lipan at 11181 Light Rd, Lipan, TX, 76462 offers a 1.46% rental yield on a $1,575,000 purchase with $1,920/mo rent. 45% in year one. Equity gained on principal adds $10,163/yr while 5% annual appreciation supports $435,143 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,920/mo property income against a $7,709/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
21.07 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76462, Lipan, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,577 (100%) |
| Owner Occupied HU | 1,156 (73.3%) |
| Renter Occupied HU | 224 (14.2%) |
| Vacant Housing Units | 197 (12.5%) |
| Median Home Value | $393,814 |
| Average Home Value | $502,766 |
Residential
1,450
Single Family
1,450
Multi-Family
0
Businesses
51
Date | Event | Price |
|---|---|---|
| 2024-08-20 | Listed for sale | $1,575,000 |
| 2023-04-05 | Listing removed | N/A |
| 2022-11-04 | Price change | $1,600,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $3843.40 | -19.30% | $390,780 | -5.94% |
| 2022-08-31 | $4762.47 | -0.69% | $415,480 | 39.21% |
| 2021-08-31 | $4795.44 | -4.01% | $298,450 | 0.77% |
Listed by: Brad Harrison • CLARK REAL ESTATE GROUP
Mls Name: NTREIS
Mls ID: #20705953
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.
