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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% |
Rental property for sale in Wallis at 11503 Highway 36, Wallis, TX, 77485 generates $806/mo in rent, after a $2,912/mo payment. Total monthly income is $806/mo. Return on cash invested sits at -0.93% in year one, and rental yield is 1.63% on a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation builds toward $164,388 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $806/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
5 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77485, Wallis, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,983 (100%) |
| Owner Occupied HU | 1,408 (71.0%) |
| Renter Occupied HU | 318 (16.0%) |
| Vacant Housing Units | 257 (13.0%) |
| Median Home Value | $323,364 |
| Average Home Value | $337,124 |
Residential
1,299
Single Family
1,275
Multi-Family
24
Businesses
106
Date | Event | Price |
|---|---|---|
| 2025-06-19 | Listed for sale | $595,000 |
| 2025-06-18 | Listing removed | $495,000 |
| 2025-05-09 | Price change | $495,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Asha King • Compass RE Texas, LLC - Katy
Mls Name: HAR
Mls Provider:
Mls ID: #67377988
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