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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 Axtell at 1210 Water Tower Rd, Axtell, TX, 76624 priced at $235,000 converts $1,896/mo rent into $225/mo cash flow after a $1,150/mo obligation. Total monthly income equals $1,896/mo, and annual cash flow totals $2,701/yr on $77,903 invested. Return on cash invested prints 23.38% in year one, and rental yield reads 9.68% against a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,926 by year five. Five-year ROI reaches 122.7% and total cumulative return in cash sums $95,584. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,896/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Manufactured
Built in 1997
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76624, Axtell, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,098 (100%) |
| Owner Occupied HU | 881 (80.2%) |
| Renter Occupied HU | 148 (13.5%) |
| Vacant Housing Units | 69 ( 6.3%) |
| Median Home Value | $256,389 |
| Average Home Value | $266,623 |
Residential
922
Single Family
922
Multi-Family
0
Businesses
40
Date | Event | Price |
|---|---|---|
| 2025-02-27 | Listed for sale | $235,000 |
| 2025-02-11 | Listing removed | $1,700 |
| 2025-01-25 | Listed for rent | $1,700 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-27 | $196.39 | -78.26% | $57,644 | -22.42% |
| 2023-02-27 | $903.35 | 30.03% | $74,300 | 55.96% |
| 2022-02-27 | $694.75 | 14.46% | $47,640 | 20.49% |
Listed by: Tamarah Sharp • Homestead & Ranch Real Estate
Mls Name: WMLS
Mls Provider:
Mls ID: #228542
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright 2025 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2025-02-26 23:15:18 PST
