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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 Palacios at 1207 Bay Dr, Palacios, TX, 77465 with 5% annual appreciation on a $505,000 basis while $2,878/mo rent supports operations. 73% in year one. Equity gained on principal adds $3,259/yr, and five-year appreciation sums $139,522 alongside rental yield of 6.84%. Five-year ROI measures 76.35% and total cumulative return in cash totals $126,858. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,878/mo property income versus a $2,472/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2017
0.73 Acres lot
$N/A/sqft
$295 annually 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 |
|---|---|---|
| 2024-09-10 | Price change | $505,000 |
| 2024-06-07 | Listed for sale | $525,000 |
| 2020-11-24 | Listing removed | $319,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-22 | $3847.83 | -22.49% | $363,220 | 7.15% |
| 2022-10-22 | $4964.34 | 9.14% | $338,970 | 7.79% |
| 2021-10-22 | $4548.66 | 16.22% | $314,480 | 16.34% |
Listed by: Ronald Laws • Texas Coastal Properties
Mls Name: HAR
Mls Provider:
Mls ID: #6148696
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